lahore: In a recent transaction, Crescent Bahuman Limited, a substantial shareholder, has increased its holdings in The Crescent Textile Mills Limited. The announcements, made on July 10, 2026, outline the acquisition of shares by the shareholder in two separate transactions.
On July 7, 2026, Crescent Bahuman Limited purchased 88,855 shares at a rate of 81.93 per share in the ready market. Following this transaction, the cumulative number of shares held by the shareholder reached 15,564,637, making up 15.56 percent of the total shares.
A subsequent transaction occurred on July 8, 2026, when Crescent Bahuman Limited acquired an additional 611,145 shares at a rate of 88.11 per share. This purchase brought the cumulative total to 16,175,782 shares, representing 16.17 percent ownership in the company.
According to information available from the Pakistan Stock Exchange (PSX), these transactions reflect a strategic increase in Crescent Bahuman Limited's stake in The Crescent Textile Mills Limited. The designated market category for these transactions is the ready market.
These developments mark a significant move in the company's shareholding structure, reflecting an increased interest and investment by its substantial shareholder.