Karachi: In a recent development concerning Paramount Spinning Mills Limited, the National Investment (Unit) Trust has disclosed a transaction involving the sale of shares, as per regulatory requirements under PSX Regulation 5.6.4.

According to the report dated October 16, 2026, the transaction was carried out on October 15, 2026. The National Investment (Unit) Trust sold 16,016 shares of Paramount Spinning Mills Limited at a rate of 9.00 per share in the ready market. This transaction brought the cumulative number of shares held by the trust to 1,733,686, which represents a cumulative percentage of 9.99% of the company's shares.

According to information available from the Pakistan Stock Exchange (PSX), this transaction is part of the designated market category for ready trades. The disclosure ensures transparency and compliance with the regulatory frameworks governing market transactions.

The sale of shares by the National Investment (Unit) Trust did not reflect an unusual percentage movement, indicating a standard market operation.