Karachi: Masood Textile Mills Limited has disclosed share transactions executed by individuals in positions of influence within the company, in compliance with Pakistan Stock Exchange Regulation 5.6.4. The disclosure, dated March 10, 2025, outlines details of shares sold by relevant persons, including directors and substantial shareholders, as well as their spouses and minors.

According to the information provided, Shabir Abroad Abid, serving as an Independent Director at Masood Textile Mills Limited, executed a sale of 500 shares. The transaction took place on March 7, 2025. The shares were sold at a rate of 5,500 per share, which constitutes 0.01 percent of the company's total shares.

The transaction falls under the designated market category of Physically Settled (PHY). This category specifies the form of the share certificate involved in the exchange. The sale of shares by Mr. Abid was conducted as part of the regular trading activities on the stock market.

According to information available from the Pakistan Stock Exchange (PSX), these transactions are routinely reported to ensure transparency and compliance with regulatory standards. The detailed breakdown of such transactions helps maintain the integrity of market operations.

Masood Textile Mills Limited, a prominent entity listed on the Pakistan Stock Exchange, is required to make such disclosures to keep investors and stakeholders informed about the trading activities of individuals with significant control or influence over the company.