Karachi: Two executive directors of Allawasaya Tex. & Finishing Mills Ltd have increased their shareholdings in the company, according to a disclosure made in compliance with Pakistan Stock Exchange regulations. The transactions were executed on December 26, 2025, as stated in the company’s official statement dated December 31, 2025.
Sheikh Drees Ahmed, an executive director, acquired 18,620 shares at a cumulative market rate of approximately 1,925.00165288 per share. This transaction brought his cumulative shareholding percentage to 20.66, reflecting his ongoing confidence in the company’s future prospects.
In a similar move, Mohammad Alamgir Jamal Khan, also serving as an executive director, purchased 11,550 shares at a cumulative rate of around 1,925.0074963 per share. His cumulative shareholding percentage now stands at 9.37.
According to information available from the Pakistan Stock Exchange (PSX), these transactions align with regulatory requirements for disclosure under PSX Regulation 5.6.4. The trades were executed in the physical market, underscoring the directors’ commitment to increasing their direct investment in the company.
These strategic acquisitions by the executive directors are noteworthy as they signal their confidence in Allawasaya Tex. & Finishing Mills Ltd’s operational and financial strategies in a competitive market environment.