Karachi: Stylers International Limited announced a significant transaction involving its substantial shareholder, the Naimat Saleem Trust, which executed a donation of shares, according to a disclosure submitted on September 25, 2025.
According to the details provided, the Naimat Saleem Trust donated 5,295,066 shares of Stylers International Limited. This transaction, classified under the Non-Deliverable Market (NDM), took place on September 15, 2025. The shares were donated at a rate of 0.05 per share, resulting in a cumulative holding of 14,298,828 shares, representing a 29.25% stake in the company.
According to information available from the Pakistan Stock Exchange (PSX), the transaction by the substantial shareholder is a notable movement within the designated market category. The transaction will be presented by the Company Secretary at the upcoming meeting of the Board of Directors.
The disclosure also highlighted compliance with regulatory requirements, noting that the holding period for the transaction exceeds six months. Additionally, it mentioned that the details of the transaction would be updated in the Universal Identification Number (UIN) Management System immediately.