Redco Textiles Limited Director Discloses Share Purchase Activity


Karachi: In a recent disclosure to the Pakistan Stock Exchange (PSX), Redco Textiles Limited has announced that Mrs. Sarah Muhammad Saya, the Chief Executive of the company, executed a series of share transactions earlier this month. The transactions were made under the stipulations of clause 5.6.4 of the PSX Regulations, which necessitates the disclosure of interest by company directors.



On January 5, 2026, Mrs. Saya purchased 4,780 shares at a rate of Rs. 22.00 per share, increasing her cumulative shareholding to 20,510,323 shares, which represents a cumulative percentage of 41.6093% of the company’s shares. Following this, on January 6, 2026, she acquired an additional 53 shares at the same rate, bringing her total to 20,510,376 shares, resulting in a cumulative percentage of 41.6094%.



According to information available from the Pakistan Stock Exchange (PSX), these transactions will be presented at the next board meeting for the board’s information, adhering to the regulatory requirements. The detailed disclosure ensures that the company’s governance practices align with the obligations set forth by the PSX, reflecting transparency in its internal operations.



These transactions are significant for the textile sector, where Redco Textiles Limited holds a notable position. The timely and detailed disclosure is intended for record-keeping and to inform stakeholders about the changes in the company’s shareholding structure.