Karachi: Shahzad Textile Mills Limited has revealed a recent transaction involving shares held by a non-executive director, Mrs. Nazish Imran. The disclosure, made under Regulation 5.6.4 of the Pakistan Stock Exchange (PSX), details a sale of shares executed on July 21, 2025.
Mrs. Nazish Imran, a non-executive director of Shahzad Textile Mills Limited, sold 2,458 shares at a rate of 64.05 per share in the ready market. Following this transaction, her cumulative shareholding in the company stands at 277,860 shares, representing a Moderate move in her ownership percentage.
The transaction will be presented at the upcoming board meeting, where any non-compliance issues, if present, will be addressed as required by PSX regulations. According to information available from the Pakistan Stock Exchange (PSX), such disclosures are mandatory to maintain transparency and uphold market integrity.
Shahzad Textile Mills Limited operates in the textile sector, a designated market category crucial to Pakistan's economy. The company’s adherence to regulatory requirements ensures that all stakeholders are informed of significant changes in shareholding by its executives and directors.