Karachi: Reliance Weaving Mills Limited has disclosed recent transactions executed by its Director and CEO, Mr. Faisal Ahmed, as well as his spouse, Mrs. Farah Faisal, under Clause 5.6.4 of the Pakistan Stock Exchange (PSX) Regulations. The report, dated September 7, 2026, outlines the gifting of shares within the company.

Mr. Faisal Ahmed executed a "Gift Out" transaction involving 1,992,928 shares, adjusting his cumulative holding to 5,893,143 shares, which represents a very large move of 19.13%. Concurrently, Mrs. Farah Faisal received a "Gift In" transaction comprising 27,714 shares, bringing her cumulative total to 140,214 shares, classified as a minor move of 0.46%.

According to information available from the Pakistan Stock Exchange (PSX), these transactions are set to be reviewed in the forthcoming Board Meeting, aligning with the regulatory requirements. The details will also be updated in the UIN Management System for compliance and transparency.

The transactions, executed on September 4, 2026, indicate internal adjustments within the company's shareholding structure, with the remaining shares being gifted to another family member who does not hold a beneficial ownership in the company.