Karachi: Sat Holdings Limited, a substantial shareholder of Kohat Textile Mills Limited, executed a noteworthy transaction involving the sale of shares, as disclosed by the company on August 11, 2025. This transaction was conducted under the Pakistan Stock Exchange (PSX) Regulation 5.6.4, which necessitates the disclosure of interests by directors, executives, and substantial shareholders.

According to the company’s disclosure, Sat Holdings Limited sold a total of 27,326 shares in the ready market on August 8, 2025. The cumulative percentage of shares held by Sat Holdings Limited after this transaction stands at 73.35%.

The transaction details, as stipulated, will be presented by the Company Secretary at the forthcoming Board of Directors meeting. This procedure aligns with the requirement to submit extracts of the meeting minutes through Form-30 of the Correspondence Manual via PUCARS.

According to information available from the Pakistan Stock Exchange (PSX), the transaction executed by Sat Holdings Limited represents a minor move in terms of price change. This classification is based on the scale provided for categorizing percentage changes in share prices.

The disclosure also highlighted that the holding period for the transaction exceeded six months, thereby not requiring any deposit of profit with the Securities and Exchange Commission of Pakistan (SECP) as per Section 105 of the Securities Act, 2015. Additionally, it is noted that no directors, CEO, or executives of Kohat Textile Mills Limited are allowed to engage in share dealings during the closed period.

Kohat Textile Mills Limited is obligated to immediately update these transaction details in the UIN Management System, ensuring compliance with regulatory requirements in the designated market category.