Karachi: In a recent disclosure to the Pakistan Stock Exchange, Kohat Textile Mills Limited announced a significant transaction involving its shares. The transactions involve a sizeable divestment by Saif Holdings Limited, a substantial shareholder in the company.

According to the information provided, Saif Holdings Limited executed two separate sell transactions of Kohat Textile Mills Limited shares. The first occurred on July 11, 2025, where 37,210 shares were sold at a rate of 81.40 per share. This transaction left Saif Holdings Limited with a cumulative holding of 15.43 million shares, reflecting a 74.16% stake in the company.

The second transaction was executed on July 17, 2025, where 87,954 shares were sold at a rate of 81.50 per share. Following this transaction, Saif Holdings Limited's cumulative shareholding was reduced to 15.33 million shares, indicating a 73.69% stake in Kohat Textile Mills Limited.

According to information available from the Pakistan Stock Exchange (PSX), these transactions constitute a significant move in the market, reflecting a strategic decision by the shareholder to adjust its position in the company. The transactions were executed in the ready market segment, with both involving shares held in the Central Depository Company (CDC) form.

The textile sector, to which Kohat Textile Mills Limited belongs, remains a critical component of the market, and such transactions by major shareholders are closely monitored by investors and analysts alike.