karachi: Kohat Textile Mills Limited has announced a notable transaction involving the sale of shares by Saif Holdings Limited, a substantial shareholder. This disclosure was made in compliance with the Pakistan Stock Exchange's Regulation 5.6.4, as documented in a notice dated June 22, 2026.

The transaction, executed on June 18, 2026, involved the sale of 50,000 shares at a rate of 145.34 per share through the Central Depository Company (CDC) in the ready market. Saif Holdings Limited's cumulative holding now stands at 14.87 million shares, representing a cumulative percentage of 71.49%. This transaction is classified as a significant move due to its impact on the shareholder's position in the company.

According to information available from the Pakistan Stock Exchange (PSX), such transactions are pivotal as they reflect strategic decisions by major stakeholders. The designated market category for this transaction was the ready market, emphasizing the immediacy and importance of the sale.