Karachi: Saif Holdings Limited, a substantial shareholder in Kohat Textile Mills Limited, has executed a share sale transaction involving 12,340 shares of the company. The transaction was conducted on August 5, 2025, within the ready market category, according to a disclosure issued by the company.

The executed sale forms part of a disclosure requirement under the Pakistan Stock Exchange (PSX) Regulation 5.6.9, which mandates reporting of share transactions by directors, executives, substantial shareholders, and their immediate family members. The sale, priced at 62.22 per share, has resulted in a cumulative shareholding of 73.61 for the shareholder.

According to information available from the Pakistan Stock Exchange (PSX), the transaction will be reviewed by the Board of Directors at its next meeting. The company is mandated to submit extracts of the board meeting minutes via Form-30 through PUCARS, ensuring compliance with regulatory requirements.

The company's disclosure further emphasizes adherence to the Securities Act, 2015, particularly Section 105, which governs the holding period of transactions. Transactions made within six months require any profit to be deposited with the Securities and Exchange Commission of Pakistan (SECP). Additionally, the company has assured an update of the requisite details in the UIN Management System without delay.