Karachi: Shadab Textile Mills Limited has disclosed a notable transaction involving its non-executive director, Hamza Naseem, according to a regulatory filing. The information was made public through a submission under the Pakistan Stock Exchange (PSX) Regulation 5.6.4, dated June 19, 2026.

The transaction, executed on June 15, 2026, involves Naseem receiving a gift of 76,722 shares in the company. This acquisition brings his cumulative shareholding to 1.50 million shares, which constitutes a 6.56% stake in Shadab Textile Mills.

According to information available from the Pakistan Stock Exchange (PSX), this increase in shareholding is a significant move reflecting a substantial interest in the company by its non-executive director. The nature of the transaction, classified as a "Gift In," indicates that there was no financial consideration involved in the exchange.

Shadab Textile Mills Limited operates within the textile sector, a key industry represented on the PSX. This disclosure underscores the internal dynamics of shareholding within the company, potentially impacting investor perceptions and market behavior.