Karachi: In a recent disclosure submitted to the Pakistan Stock Exchange (PSX), Crescent Jute Products Limited reported significant transactions executed by a substantial shareholder. The report, dated October 20, 2026, detailed the sale of shares by Imran, a substantial shareholder of the company, over several days in mid-October.

According to the documentation, on October 14, 2026, Imran sold 51,500 shares at a rate of 14.48 per share. This transaction reduced the cumulative number of shares held to 3.06 million, representing a cumulative percentage of 12.87%. The following day, October 15, 2026, Imran continued to offload shares, selling an additional 191,551 shares at a rate of 14.45, which further decreased his holdings to 2.87 million shares, amounting to a cumulative percentage of 12.06%.

The final transaction recorded in the report took place on October 19, 2026, when Imran sold 1,630 shares at a rate of 14.96 per share. This brought his total shareholding down to 2.86 million shares, or 12.05% of the company. According to information available from the Pakistan Stock Exchange (PSX), these transactions indicate a strategic move by the shareholder amidst ongoing market activity.

Crescent Jute Products Limited, falling under the designated market category, continues to monitor such transactions closely to ensure transparency and compliance with PSX regulations.