Karachi: On March 27, 2026, Stylers International Limited disclosed that Automotive Plastic (Pvt.) Limited, a substantial shareholder, executed significant transactions involving the sale of shares. These transactions were carried out on the 25th and 26th of March.
According to the disclosure, Automotive Plastic (Pvt.) Limited sold a total of 60,291 shares of Stylers International Limited. On March 25, 2026, the company sold 20,000 shares at an average price of 45.00 per share, resulting in a cumulative shareholding of 2.12 million shares, marking a minor move of 0.43%. The following day, March 26, 2026, an additional 40,291 shares were sold at the same average price, decreasing the cumulative shareholding to approximately 2.08 million shares, representing another minor move of 0.42%.
According to information available from the Pakistan Stock Exchange (PSX), these transactions are part of the routine disclosure obligations under Clause 5.6.4 of the PSX Regulations, which mandates such transactions to be presented before the company's Board of Directors.
These developments will be further reviewed in the forthcoming board meeting, with the company set to confirm the details to the PSX after the meeting. The market is closely monitoring these transactions as they reflect the strategic decisions of significant stakeholders within the company.