Karachi: Feroze1888 Mills Limited has disclosed a significant share transaction involving one of its non-executive directors, Shabbir Ahmed. The information, released on July 21, 2026, pertains to a sell-off of shares as part of the ongoing compliance with the Pakistan Stock Exchange's regulations.

According to the announcement, Shabbir Ahmed executed a sale of 60,955 shares at a rate of 58.79 per share on July 17, 2026. The transaction involved shares in the ready market, resulting in a cumulative holding of 49.99 million shares, representing 12.52% of the company's total share volume.

This move follows the regulation 5.6.4 of the Pakistan Stock Exchange, which mandates the disclosure of shareholding changes by key company personnel. According to information available from the Pakistan Stock Exchange (PSX), such transactions are crucial for maintaining transparency within the market category that Feroze1888 Mills Limited operates in.

The transaction marks a very large or significant move in terms of shareholding adjustments by a non-executive director, underscoring the dynamic nature of the company's stock activities in recent days.