Karachi: Shahzad Textile has disclosed a recent share transaction involving a non-executive director, Mrs. Nazish Imran. According to a statement released by the company, Mrs. Imran executed a sale of shares on August 6, 2025. The transaction involved a total of 9,707 shares, which were sold at a rate of 50.44 per share under the Central Depository Company (CDC) in the ready market. This brings Mrs. Imran's cumulative shareholding to 217,900 shares, which marks a Minor move in her overall holdings.
The disclosure was made in accordance with the Pakistan Stock Exchange Regulations 5.6.4, which mandates the reporting of transactions by directors, executives, and substantial shareholders. According to information available from the Pakistan Stock Exchange (PSX), the details of these transactions are required to be presented at the subsequent board meeting. This presentation will include any non-compliance issues that may arise, ensuring that all actions are duly considered and reported to the exchange.
Shahzad Textile, which operates in the designated market category of textiles, confirmed that the transaction will be on the agenda for the upcoming board meeting. The company has pledged to adhere to all regulatory requirements and will communicate any pertinent updates to the PSX as mandated.