Karachi: Fazal Cloth Mills Limited has reported a significant transaction involving one of its directors, Mr. Abbas Mulditar, according to a disclosure dated November 4, 2025. The transaction, classified as a "Gift In," involves Mr. Mulditar acquiring 141,719 shares, resulting in a cumulative holding of 677,925 shares, which represents a 2.26% stake in the company. This percentage is categorized as a big move.

The transaction, executed on October 24, 2025, was conducted through the Central Depository Company (CDC), though the market rate details were not disclosed. According to information available from the Pakistan Stock Exchange (PSX), the transaction details are expected to be reviewed at an upcoming Board Meeting in compliance with PSX regulations.

The disclosure is made under Clause 5.6.4 of the PSX Regulations, which mandates transparency and accountability for such transactions. Fazal Cloth Mills Limited operates within the textiles market category, and any changes in director holdings are closely monitored by investors for potential impacts on the company's governance and market performance.