Karachi: Crescent Textile Mills Limited has disclosed a significant transaction involving its Chief Executive Officer and his spouse, according to a report dated July 17, 2026. The disclosure, made under the Pakistan Stock Exchange (PSX) Regulation 5.6.4, detailed a transfer of shares executed on July 13, 2026.

The transaction involved Ahmad Shafi, the CEO of Crescent Textile Mills Limited, transferring 4,970,000 shares as a gift. This transfer has resulted in a new cumulative shareholding for Ahmad Shafi of 13,158,405 shares, which represents 13.16% of the company's total shares. The transfer was executed at a rate of 0.00, indicating a non-monetary transaction, specifically categorized as a Gift-Out.

According to information available from the Pakistan Stock Exchange (PSX), the recipient of this substantial share transfer was Mehreen Ahmad, the spouse of Ahmad Shafi. Mehreen Ahmad received the same number of shares, 4,970,000, classified as a Gift-In, bringing her total shareholding to 5,034,000 shares, which accounts for 5.03% of the company. This share transfer has been significant in terms of internal redistribution within the company’s executive circle.

The Crescent Textile Mills Limited operates within the textile industry in the designated market category and continues to maintain transparency in its shareholding transactions as per the regulations set forth by the PSX.