Karachi: A transaction involving the sale of shares by a non-executive director of International Knitwear Limited has been disclosed in compliance with the Pakistan Stock Exchange (PSX) regulations. The details, as per the company’s report dated September 7, 2026, reveal that Waseem Shafi, a non-executive director, executed a sale of 2,591 shares.
According to information available from the Pakistan Stock Exchange (PSX), the transaction was completed on September 4, 2026, with the shares sold at a rate of 92.82. This transaction alters Shafi's cumulative holdings to 69,951 shares, representing a 0.72% stake in the company. The percentage change in Shafi's shareholding is categorized as a minor move.
This disclosure is in accordance with section 5.6.1.(d) of the PSX regulations, which mandates transparency in the dealings of directors, CEOs, executives, and substantial shareholders in listed companies.