Karachi: International Knitwear Limited has disclosed a recent transaction involving one of its non-executive directors, Waseem Shafi. According to a report dated November 5, 2026, Shafi conducted a share sale as part of his investment activities within the company.

The transaction details indicate that Waseem Shafi, who holds a non-executive position within the company, executed a sale of 1,000 shares on November 4, 2026. The shares were traded on the ready market, with each share priced at 133.74. This transaction results in Shafi holding a cumulative total of 51,912 shares, which corresponds to a cumulative percentage of 0.53%.

According to information available from the Pakistan Stock Exchange (PSX), such disclosures are mandated under regulation 5.6.1.(d) to ensure transparency in the trading activities of company executives and substantial shareholders. The transaction represents a moderate move in terms of its percentage impact.

The disclosure underscores the company’s adherence to regulatory standards set by the PSX, ensuring that all market participants have access to pertinent information regarding the dealings of its directors and executives.