Shams Textile Mills Limited Reports Share Transaction by Substantial Shareholder

Karachi: Shams Textile Mills Limited has reported a significant transaction involving its shares, executed by a substantial shareholder, according to a disclosure filed under the Pakistan Stock Exchange (PSX) Regulation 5.6.4. The report, dated August 3, 2026, detailed the sale executed by the CDC - Trustee National Investment (Unit) Trust.

The transaction, which took place on July 23, 2026, involved the sale of 18,500 shares at a rate of 59.14 per share. Following this sale, the cumulative number of shares held by the substantial shareholder stands at 989,748, representing an 11.46% stake in the company.

According to information available from the Pakistan Stock Exchange (PSX), this transaction is categorized as a significant move, given the percentage change in the shareholder's stake. The designated market category for this transaction is the 'Ready' market.

This disclosure is part of the regular reporting requirements for transactions involving directors, executives, and substantial shareholders, as mandated by the PSX regulations.