Crescent Fibres Limited Reports Share Transaction by Non-Executive Director

Karachi: Crescent Fibres Limited has disclosed a recent transaction involving its shares, as per the company's notification dated July 2, 2026. The transaction was executed by a non-executive director, specifically Mansoor Riaz, who is listed among the company's substantial shareholders.

According to the official disclosure, Mansoor Riaz conducted a transfer of 150,000 shares as a gift. The transaction, which took place on July 1, 2026, was executed through the Central Depository Company (CDC), with the shares being transferred as a gift without any monetary exchange, thus recorded at a rate of 0.00.

This transfer results in a cumulative holding of 150,000 shares for Mansoor Riaz, accounting for 1.21% of the company's total shares. This percentage reflects a moderate move in terms of the shareholding structure of Crescent Fibres Limited.

According to information available from the Pakistan Stock Exchange (PSX), such disclosures are essential for maintaining transparency in shareholding patterns and ensuring compliance with regulatory standards. The transaction highlights the ongoing activities within Crescent Fibres Limited concerning share distributions among its directors and key stakeholders.

The company continues to operate under the regulations set forth by the market authorities, ensuring that all transactions are conducted within the established legal framework.