Karachi: Premium Textile Mills Limited has disclosed a series of share transactions involving Saira Adam, the spouse of Executive Director Abdul Kader Adam. According to the company's announcement dated July 28, 2026, these transactions were executed under the Pakistan Stock Exchange (PSX) Regulation 5.6.4 and occurred over several months.
Saira Adam engaged in multiple sales of the company's shares, with the initial transaction taking place on April 15, 2026. On this date, she sold 22 shares at a rate of 429.69 each, bringing her cumulative shareholding to 96,082 shares, representing a 1.56% stake in the company. Concurrently, another sale of 6,000 shares was executed at a rate of 390.63, reducing her cumulative holding to 90,082 shares, or 1.46%.
The transactions continued through April, with additional sales occurring on April 21, April 24, and April 30. In these instances, Saira Adam sold 3,978, 4,000, and 10,000 shares at respective rates of 420.20, 446.50, and 442.76 per share. By the end of April, her cumulative shareholding had decreased to 72,104 shares, a notable reduction from earlier in the month, now accounting for 1.17% of the company's total shares.
May saw further activity, with sales on May 15, May 20, May 25, and May 29. During this period, she disposed of smaller quantities, including a single share transaction at 499.00, culminating in a cumulative shareholding of 70,343 shares, or 1.14%.
According to information available from the Pakistan Stock Exchange (PSX), the latest reported transaction occurred on July 10, 2026, when Saira Adam sold 5,191 shares at a rate of 539.31. This transaction reduced her cumulative shareholding to 65,152 shares, equating to a 1.06% stake in Premium Textile Mills Limited.
These transactions have been meticulously recorded as per regulatory requirements, reflecting a systematic reduction in Saira Adam's shareholding over the specified period.