Karachi: Crescent Steel & Allied Products Limited has reported that Ahsan Muhammad Saleem, the company's Executive Director, has executed two notable transactions, increasing his shareholdings in the company. These transactions were disclosed under the Pakistan Stock Exchange (PSX) Regulation 5.6.4, as per the company's official disclosure dated November 17, 2025.
On November 13, 2025, Saleem purchased 6,175 shares at a rate of 96.74 per share. This acquisition brought his cumulative share total to 1,192,258, representing a 1.53% shareholding in the company. The following day, November 14, 2025, he acquired an additional 3,825 shares at a slightly higher rate of 97.87 per share. This second transaction increased his cumulative shareholding to 1,196,083, with a cumulative percentage of 1.54%.
According to information available from the Pakistan Stock Exchange (PSX), these transactions by Saleem are classified as a big move due to the percentage increase in his shareholding. The company has ensured compliance with the necessary regulatory requirements outlined in the PSX regulations.
The executed transactions will be presented by the Company Secretary at the next meeting of the Board of Directors, with the details to be submitted via Form-30 of the Correspondence Manual through PUCARS. The company has also committed to updating the requisite details in the UIN Management System promptly.