Karachi: In a recent disclosure to the Pakistan Stock Exchange, Shahtaj Sugar Mills Limited reported a transaction involving its Non-Executive Director, Mr. Abid Nawaz. On July 3, 2026, Mr. Nawaz executed a sale of 10,000 shares at a rate of 174.74 each. This transaction was conducted through the Central Depository Company (CDC) and has resulted in a new cumulative holding of 176,109 shares, equating to a cumulative percentage of 1.47.

According to information available from the Pakistan Stock Exchange (PSX), such disclosures are part of the regulatory requirements for directors, executives, and substantial shareholders of listed companies. The nature of this transaction, categorized as a sell-off, reflects the ongoing compliance with the PSX regulations under clause 5.6.1.(d).

This sale transaction by Mr. Nawaz represents a minor move in terms of shareholding percentage, as the cumulative percentage change remains below the 1.5% threshold. The financial market remains observant of such disclosures, crucial for maintaining transparency and accountability within the listed companies on the exchange.