Non-Executive Director Waseem Shafi Sells Stake in International Knitwear Limited

Karachi: A transaction involving the sale of shares by a non-executive director of International Knitwear Limited has been reported, according to a disclosure submitted to the Pakistan Stock Exchange (PSX). The disclosure, dated September 10, 2026, details the execution of a share transaction by Waseem Shafi, a non-executive director of the company.

According to information available from the Pakistan Stock Exchange (PSX), Waseem Shafi sold a total of 1,039 shares in the ready market on September 9, 2026. This transaction reflects a moderate move in the cumulative percentage of shares held, with the total now standing at 96.9356912%, representing a 0.58% change.

The transaction was executed under the disclosure of interest by relevant persons holding the company's shares, as required by PSX Regulation 5.6.4. The report, which includes the involvement of directors, CEOs, employees, substantial shareholders, their spouses, and minors, highlights the transparency and regulatory compliance adhered to by International Knitwear Limited in its market operations.