Karachi: Shahzad Textile Mills Limited disclosed a recent transaction involving the sale of shares by Mrs. Nazish Imran, a non-executive director of the company. This disclosure comes under the framework of Pakistan Stock Exchange (PSX) regulations, which mandate transparency for transactions conducted by key company figures and their immediate family members.

On July 25, 2025, Mrs. Imran executed a sale of 1,850 shares at a rate of 60.67 per share in the ready market. Following this transaction, her cumulative shareholding stands at 248,760 shares, reflecting a moderate move in her stake, which now constitutes 1.38% of the company's total shares.

According to information available from the Pakistan Stock Exchange (PSX), the company has confirmed that this transaction will be reviewed in the upcoming board meeting. The review will include an assessment of any non-compliance issues, as mandated by the PSX Regulation 5.6.4. This regulatory requirement ensures that transactions by directors and substantial shareholders are scrutinized and reported to maintain market integrity.

The textile company continues to operate under the designated market category, complying with regulations that aim to foster transparency and investor confidence. The disclosure of such transactions is a routine yet crucial part of corporate governance, providing insights into the activities of those with significant influence over the company.