Lahore: The Crescent Textile Mills Limited, a company listed on the Pakistan Stock Exchange (PSX), disclosed a recent transaction involving its Chief Executive Officer, Ahmad Shafi. According to the disclosure, Shafi has executed a purchase of company shares, as mandated by PSX Regulation 5.6.4, which requires the reporting of transactions by directors, executives, and substantial shareholders.

On May 14, 2025, Ahmad Shafi acquired 12,000 shares of Crescent Textile Mills at a rate of 13.32 per share in the ready market. This transaction increased his cumulative shareholding to 22,627,905 shares, representing 22.63 percent of the company's total shares.

According to information available from the Pakistan Stock Exchange (PSX), the transaction was executed in the Central Depository Company (CDC) form of share certificates. This purchase by the CEO reflects ongoing activity within the designated market category of textiles and clothing.

The disclosure of this transaction is part of the regulatory requirements to maintain transparency and inform stakeholders of changes in the ownership of shares by key individuals associated with the company.