Karachi: Crescent Star Insurance Limited has executed a significant transaction involving the sale of shares in Bawanyair Products Limited, as disclosed in a report dated August 20, 2026. This activity was conducted under the Pakistan Stock Exchange (PSX) Regulation 5.6.4, which mandates disclosure of interest by relevant persons holding company shares.

The transaction, executed on August 12, 2026, involved Crescent Star Insurance Limited selling a total of 3,033,830 shares at a rate of 31.01 per share. Following this sale, the company's cumulative shareholding in Bawanyair Products Limited stands at 668,844 shares, constituting 8.91% of the company's total shares.

According to information available from the Pakistan Stock Exchange (PSX), this transaction is classified as a very large or significant move, given the substantial volume of shares involved. The designated market category for this transaction is 'READY.'

This development is part of the company's ongoing financial activities and reflects its strategic decisions in managing its investments in Bawanyair Products Limited.