Substantial Shareholder Saif Holdings Limited Sells Stake in Kohat Textile Mills Limited

karachi: Kohat Textile Mills Limited has disclosed a significant transaction involving Saif Holdings Limited, a substantial shareholder in the company. According to the company's official disclosure dated June 23, 2026, Saif Holdings Limited executed a sell-off of 50,000 shares on June 19, 2026.

The transaction was conducted in the ready market at a rate of 159.87 per share. Following this transaction, Saif Holdings Limited holds a cumulative total of 14.82 million shares, representing a 71.25% stake in Kohat Textile Mills Limited.

According to information available from the Pakistan Stock Exchange (PSX), the disclosed transaction reflects a consistent movement of shares within the textile sector, which falls under the designated market category. The PSX regulation 5.6.4 mandates the disclosure of interests by directors, executives, and substantial shareholders, ensuring transparency in the market.

The transaction by Saif Holdings Limited indicates a strategic adjustment in their holdings in Kohat Textile Mills Limited, a key player in the textile industry of Pakistan.