Karachi: Premium Textile Mills Limited has announced a recent transaction involving the sale of shares by a relevant person associated with the company’s executive leadership. According to a disclosure dated December 12, 2025, the transaction was executed by Saira Adam, the spouse of Abdul Kader Adam, an Executive Director at Premium Textile Mills Limited.

The transaction, which took place on December 10, 2025, involved the sale of 1,100 shares in the company. The shares were sold in the ready market, and the cumulative percentage of shares held after the transaction stands at 1.56%. This movement marks a big move in the ownership percentage, highlighting a notable change in shareholding.

According to information available from the Pakistan Stock Exchange (PSX), such transactions by directors, executives, substantial shareholders, their spouses, and minors are required to be presented by the company secretary at the subsequent Board of Directors meeting. This protocol ensures transparency and adherence to the regulatory framework. The company has assured that all requisite details will be updated in the UIN Management System promptly.

The disclosure also underscores compliance with the Securities Act, 2015, specifically Section 105, which mandates the holding period for transactions to exceed six months. If transactions occur within this period, any profit must be deposited with the Securities and Exchange Commission of Pakistan (SECP).

The transaction is part of the routine regulatory disclosures under PSX Regulation 5.6.4., ensuring that all stakeholders are informed of significant changes in shareholding by key company figures and their immediate family members.