Karachi: A significant transaction involving shares of Stylers International Limited has been reported, as disclosed in a regulatory filing dated September 11, 2025. The transaction, executed by a substantial shareholder, Automotive Plastic (Pvt.) Limited, involved the sale of shares in the company.
According to the information provided, Automotive Plastic (Pvt.) Limited sold 7,500 shares at an average price of 45.79 per share. The sale occurred on September 8, 2025, and the shares were part of the ready market transactions. Following this transaction, the cumulative shareholding of Automotive Plastic (Pvt.) Limited in Stylers International Limited stands at 2,447,405 shares, representing 0.50% of the total shares.
This transaction comes under the disclosure requirements for substantial shareholders as per clause 5.6.4 of the Pakistan Stock Exchange (PSX) regulations. According to information available from the Pakistan Stock Exchange (PSX), the transaction will be reviewed in an upcoming board meeting, where any non-compliance issues will be addressed.
The designated market category for Stylers International Limited is critical as it pertains to the obligations of substantial shareholders to disclose their transactions, ensuring transparency in the market. The sale by Automotive Plastic (Pvt.) Limited is classified as a Minor move in terms of percentage change in shareholding.