Karachi: Crescent Cotton Mills Limited announced a recent transaction involving the acquisition of shares by a minor dependent of a company executive. On July 28, 2026, the company disclosed this development, which pertains to regulations set by the Pakistan Stock Exchange.

According to the announcement, Mr. Mustafa Adnan Amjad, identified as a minor dependent, executed a purchase transaction involving 153 shares of Crescent Cotton Mills Limited on July 21, 2026. The shares were acquired at a net rate of 64.96 per share, and the form of share certificates was recorded as CDC, under the market category labeled as "Ready." This transaction brings the cumulative shareholding of Mr. Amjad to 153 shares.

According to information available from the Pakistan Stock Exchange (PSX), this disclosure is in compliance with sections 5.6.4 and 5.6.1 of the PSX Regulation. These regulations necessitate the disclosure of interest by directors, CEOs, executives, or substantial shareholders of a listed company, as well as their spouses and dependents.

Crescent Cotton Mills Limited confirmed that these transactions will be reviewed in the forthcoming board meeting as mandated by clause 5.6.4 of the PSX Regulations. The company's adherence to these guidelines underscores its commitment to transparency in line with the regulatory framework governing listed companies in Pakistan.