Karachi: Sunrays Textile Mills Ltd. has disclosed recent transactions involving shares of the company, executed by key executives, as per the July 17, 2026 report. This disclosure falls under the regulatory framework of the Pakistan Stock Exchange (PSX).

According to the filed report, Naveed Ahmed, a director at Sunrays Textile Mills Ltd., executed a transaction involving the electronic transfer of 17,700 shares through the Central Depository Company (CDC). This transaction, categorized as a "Gift In," took place on July 16, 2026. The cumulative shareholding for Naveed Ahmed post-transaction stands at 1,673,010 shares, constituting 8.08% of the total shareholding. As the transaction's rate is reported as 0.00%, it indicates a minor move in terms of percentage change.

Similarly, Irfan Ahmed, an executive at the company, also conducted a "Gift In" transaction on the same date, transferring 17,700 shares electronically via CDC. This brings his total shareholding to 2,278,683 shares, representing 11.00% of the company's shares. Like the previous transaction, the rate for this transfer is also 0.00%, indicating a minor move.

According to information available from the Pakistan Stock Exchange (PSX), these transactions will be reviewed in the upcoming board meeting of Sunrays Textile Mills Ltd. The board will evaluate compliance issues, if any, in accordance with Clause 5.6.4 of the PSX Regulations. It is confirmed that the holding period for these transactions exceeds six months. Should any transaction fall within six months, the equivalent profit amount will be deposited with the Securities and Exchange Commission of Pakistan (SECP), pursuant to Section 105 of the Securities Act, 105, with due notification to the PSX.