Karachi: Allawasaya Textile & Finishing Mills Limited has reported recent share transactions involving its executive members and their relatives, according to a disclosure under PSX Regulation 5.6.4. The information, dated July 2, 2026, details acquisitions of company shares executed by individuals closely associated with the firm.
The transactions, executed on June 29, 2026, highlight the acquisition of shares by Executive Director Idrees Ahmed Sheikh and Non-Executive Director Misbah Idrees Sheikh. The purchases were carried out in the ready market. Idrees Ahmed Sheikh executed a purchase of 2,000 shares at a rate of 1,925.00 per share, bringing his cumulative shareholding to 178,288 shares, which constitutes a 22.29% stake in the company. Meanwhile, Misbah Idrees Sheikh acquired 5,000 shares at the same rate, increasing her cumulative holding to 77,448 shares, accounting for a 9.68% stake.
According to information available from the Pakistan Stock Exchange (PSX), these transactions are indicative of the company's internal movements and reflect the interests of key stakeholders in Allawasaya Textile & Finishing Mills Limited. The designated market category for these transactions was marked as 'Ready'.
These disclosures are part of routine regulatory requirements to maintain transparency and provide insight into the shareholding patterns within publicly listed companies, ensuring all stakeholders are informed of significant holdings and changes therein.