Karachi: Faisal Spinning Mills Limited has reported a series of share acquisitions by Admiral (Private) Limited, a key stakeholder in the company, according to a disclosure dated March 16, 2026. The transactions have been conducted in accordance with PSX Regulation 5.6.4, which mandates the disclosure of interests by directors, CEOs, executives, and substantial shareholders.

Admiral (Private) Limited, holding its shares in the form of Central Depository Company (CDC) certificates, executed a series of purchases in the ready market earlier this month. The initial acquisition took place on March 9, with a purchase of 338 shares at a rate of 276.19. This transaction was followed by additional purchases on the subsequent days. On March 10, Admiral (Private) Limited acquired 518 shares at 318.31, followed by 1,065 shares at 320.55 on March 11. The final transaction recorded was on March 12, involving the purchase of 8 shares at 320.63.

According to information available from the Pakistan Stock Exchange (PSX), these transactions have brought the cumulative number of shares held by Admiral (Private) Limited to 1,444,422, representing a cumulative percentage of 14.44% of the company’s total shares. The cumulative percentage reflects a minor move from 14.43% to 14.44% over the course of the transactions.

The designated market category for these transactions is the ready market, a segment where securities are traded for immediate delivery and payment. The precise execution of these transactions highlights the continuing interest and investment strategy of Admiral (Private) Limited in Faisal Spinning Mills Limited.