Karachi: Thal Limited has announced a significant transaction involving Mustafa Limited, a substantial shareholder of the company. According to a report dated November 12, 2026, Mustafa Limited executed a sale of shares in Thal Limited.

The transaction, executed on November 11, 2026, involved the sale of 190,529 shares at a rate of 550.12 per share. This sale was conducted in the ready market category. Following the transaction, Mustafa Limited's cumulative holding in Thal Limited stands at 8,091,685 shares, representing a cumulative percentage of 9.99%.

According to information available from the Pakistan Stock Exchange (PSX), this transaction by a substantial shareholder has attracted attention due to the scale and the potential implications for Thal Limited's shareholding structure.

The disclosure was made under the PSX regulations, specifically under clause 5.6.1.(d), which mandates the reporting of such transactions by directors, CEOs, executives, substantial shareholders, and their immediate families.