Lahore: The Crescent Textile Mills Limited has announced multiple transactions involving its Chief Executive Officer, Ahmad Shaft, in compliance with Pakistan Stock Exchange regulations. These transactions, executed over three consecutive days in November 2025, reflect a strategic increase in the CEO's shareholding in the company.
On November 11, 2025, Ahmad Shaft purchased 30,490 shares at a rate of 23.12 per share. This transaction increased his cumulative shareholding to 22,998,395 shares, maintaining a 23.00% stake in the company. The next day, November 12, 2025, he acquired an additional 2,050 shares at 23.07 per share, bringing his total holdings to 23,000,445 shares, still holding steady at 23.00%.
The most substantial acquisition occurred on November 13, 2025, when Shaft bought 43,501 shares at 23.33 per share. This purchase elevated his cumulative shareholding to 23,043,946 shares, resulting in a 23.04% stake in Crescent Textile Mills Limited. This transaction marked a big move, reflecting Shaft's increased investment in the company's future.
According to information available from the Pakistan Stock Exchange (PSX), these transactions underscore a continued commitment by the CEO towards enhancing his investment in Crescent Textile Mills. The Karachi-based trading platform serves as the designated market category for these transactions, facilitating transparent disclosure and regulatory compliance.