Karachi: Shahzad Textile Mills Limited has disclosed a transaction involving the sale of shares by a non-executive director, according to documents submitted under the Pakistan Stock Exchange's regulations. The transaction, executed by Mrs. Nazish Imran, a non-executive director of the company, aligns with the disclosure requirements mandated by the PSX.

On July 23, 2025, Mrs. Nazish Imran sold 3,051 shares of Shahzad Textile Mills Limited at the price of 61.77 per share. The transaction was conducted in the ready market and was recorded in the Central Depository Company (CDC) system. Following this sale, Mrs. Imran holds a cumulative shareholding of 251,980 shares, equating to a moderate move in her overall shareholding percentage.

According to information available from the Pakistan Stock Exchange (PSX), the transaction will be reviewed in the upcoming Board Meeting of Shahzad Textile Mills Limited. The board will also address any non-compliance issues identified, ensuring adherence to the PSX Regulation clause 5.6.4.

Shahzad Textile Mills Limited operates within the designated market category of textiles, a key sector in Pakistan's economy. The disclosure of this transaction reflects the company's commitment to transparency and regulatory compliance.