Shams Textile Mills Limited Sees Substantial Shareholder Offload 127,000 Shares

Karachi: Shams Textile Mills Limited has reported a significant transaction involving its substantial shareholder, CDC - Trustee National Investment (Unit) Trust. According to a disclosure made under clause 5.6.1.(d) of the Pakistan Stock Exchange (PSX) Regulations, a total of 127,000 shares were sold by the substantial shareholder on November 6, 2026. The transaction was executed through the Central Depository Company (CDC) and was reported to the PSX on November 10, 2026.

The shares were sold at a rate of 54.58, resulting in a new cumulative total of 862,748 shares held by the substantial shareholder. The cumulative percentage of shares now stands at 9.99. The designated market category for this transaction is the Pakistan Stock Exchange.

According to information available from the Pakistan Stock Exchange (PSX), this activity represents a big move in the context of market transactions, given the volume of shares involved. The disclosure of such transactions is mandated to ensure transparency and inform investors about changes in shareholding by key stakeholders in listed companies.