Karachi: Crescent Star Insurance Limited has disclosed a significant transaction involving one of its major shareholders. The company reported the sale of shares under the Pakistan Stock Exchange (PSX) Regulation 5.6.4.

According to the disclosure, Crescent Star Insurance Limited completed a transaction on May 14, 2025, where a substantial shareholder executed the sale of 750,000 shares at a rate of 7.12 per share. This transaction has adjusted the cumulative shareholding of the shareholder to 5,211,236 shares, representing 29.22% of the company's total shares.

According to information available from the Pakistan Stock Exchange (PSX), this movement in shares is a significant development for Crescent Star Insurance, which operates within the designated market category of the insurance sector.

This transaction highlights the dynamic nature of shareholding within Crescent Star Insurance Limited, as reflected in the public disclosure mandated by PSX regulations.