Karachi: Feroze1888 Mills Limited has reported a significant transaction involving its Non-Executive Director, Shabbir Ahmed, in accordance with the Pakistan Stock Exchange regulation 5.6.4. This disclosure, dated July 22, 2026, pertains to the sell-off of a substantial number of shares by a key company figure.

On July 21, 2026, Shabbir Ahmed executed a sell transaction involving 39,045 shares at a rate of 56.11 per share. This transaction was categorized under the 'ready' market segment. Following this sale, the cumulative number of shares held by Shabbir Ahmed stands at 49.96 million, representing a 12.51% holding in the company.

According to information available from the Pakistan Stock Exchange (PSX), such transactions by directors or substantial shareholders are closely monitored to ensure transparency and adherence to market regulations. The sell-off by a non-executive director such as Ahmed could be viewed as a notable move within the investment community.

The Pakistan Stock Exchange falls under the designated market category, which mandates timely and accurate disclosures by companies to maintain market integrity and investor trust.