KARACHI: Shahtaj Sugar Mills Limited has disclosed a significant share transaction involving one of its non-executive directors, Mr. Abid Nawaz. According to information submitted under the Pakistan Stock Exchange (PSX) Regulation 5.6.4, Mr. Nawaz executed the sale of company shares.

On June 23, 2026, Mr. Abid Nawaz sold 20,000 shares at a rate of 170.00 per share in the ready market. This transaction has brought his cumulative holdings to 186,109 shares, representing a 1.54% stake in the company. According to information available from the Pakistan Stock Exchange (PSX), the cumulative percentage held by Mr. Nawaz following this transaction reflects a moderate move in his ownership stake.

The disclosure of interest by relevant persons holding company shares is a crucial aspect of corporate governance under the PSX regulations, ensuring transparency and accountability in the financial markets.