Karachi: Allawasaya Spinning Mills (Pvt) Limited, an associated company of Allawasaya Textile and Finishing Mills Ltd., executed a transaction involving the acquisition of 2,600 shares, according to a disclosure report submitted under PSX Regulation 5.6.4. The transaction was completed on October 5, 2026, at a rate of 1,925 per share, resulting in a cumulative shareholding of 26,700 shares, which constitutes 3.34% of the total shares of the company.

According to information available from the Pakistan Stock Exchange (PSX), the transaction will be tabled in the upcoming board meeting for further discussion and approval. The Associated Company confirmed that the holding period for this transaction exceeds six months, aligning with regulatory requirements. In compliance with Section 105 of the Securities Act, 2015, any profit from transactions held for less than six months would necessitate depositing an equivalent cheque with the Securities and Exchange Commission of Pakistan (SECP), with due intimation to the PSX.

The designated market category for this transaction is the regular market.