Karachi: Artistic Denim Mills Ltd has disclosed a significant transaction involving its Chief Executive Officer, Muhammad Faisal Ahmed. According to a communication from the company on November 21, 2025, Ahmed executed a share transaction classified as "GIFT IN," involving 1,000,000 shares of the company. This transaction was conducted electronically through the Central Depository Company (CDC) on November 20, 2025.

The transaction has resulted in a cumulative shareholding of 77.53 million shares, representing 92.2973% of the total shares. According to information available from the Pakistan Stock Exchange (PSX), this transaction will be reviewed in the subsequent board meeting to address any non-compliance issues as per clause 5.6.4. of PSX Regulations.

The company has assured compliance with the Securities Act, 2015, particularly regarding the holding period of the transaction, which exceeds six months. In instances where the holding period is less than six months, the profit equivalent is required to be deposited with the Securities and Exchange Commission of Pakistan (SECP) under Section 105 of the Act. This measure is to ensure full transparency and adherence to the regulatory framework governing market transactions.