Karachi: Kohat Textile Mills Limited has reported a significant sell-off of its shares by a substantial shareholder, affecting the company's stock position. The transactions were executed over a four-day period in early July 2025, as disclosed under the Pakistan Stock Exchange (PSX) Regulation 5.6.4.

According to the disclosure, Saif Holdings Limited, identified as a substantial shareholder, conducted four separate transactions resulting in the sale of a total of 254,175 shares. These sales were executed on the Pakistan Stock Exchange's ready market, commencing on July 7, 2025, and concluding on July 10, 2025. The transactions involved the disposal of 8,208 shares at a rate of 83.04 per share, 10,000 shares at 81.00 per share, 145,800 shares at 84.51 per share, and 90,167 shares at 89.40 per share.

The cumulative outcome of these transactions has led to a significant reduction in Saif Holdings Limited's stake in Kohat Textile Mills Limited. The shareholder's cumulative holdings decreased to 15.46 million shares, representing 74.34 percent of the company's total shares, from an earlier position of 15.71 million shares, reflecting 75.52 percent ownership.

According to information available from the Pakistan Stock Exchange (PSX), the sell-off by Saif Holdings Limited signifies a very large or significant move, given the scale of the transactions and their impact on the shareholder's overall stake in the company. These developments are closely monitored by market participants, given the potential implications on the company's stock market performance.

Kohat Textile Mills Limited operates within the designated market category of the textile industry, a sector known for its volatility and sensitivity to shareholder actions. The recent transactions underscore the dynamic nature of shareholding patterns and their potential influence on market perceptions and valuations.