Suraj Cotton Mills Limited Executive Director Acquires Additional Shares

Lahore: Suraj Cotton Mills Limited has announced a transaction involving the purchase of shares by a key executive, according to a disclosure submitted to the Pakistan Stock Exchange (PSX) under Regulation 5.6.4. The announcement, dated July 28, 2026, details the acquisition by Adil Bashir, the Executive Director of the company.

According to the disclosure, Adil Bashir executed a purchase of 35,000 shares on July 27, 2026, in the ready market. The shares were acquired at a rate of 135.99 each, bringing his total shareholding in the company to 3.74 million shares. This acquisition represents a cumulative percentage of 7.65% of the company's shares.

According to information available from the Pakistan Stock Exchange (PSX), such transactions are required to be disclosed to ensure transparency and compliance with regulatory standards. The company's announcement follows these guidelines, providing pertinent details about the change in shareholding.

Suraj Cotton Mills Limited operates within the textile sector, a significant component of the designated market category. The company's stock performance and executive transactions are closely monitored by investors and regulators alike, reflecting the importance of transparency in corporate governance.