Karachi: Suraj Cotton Mills Limited has disclosed a recent share transaction involving the spouse of an executive director, as per a report dated June 4, 2026. The transaction, executed under Pakistan Stock Exchange Regulation 5.6.4, involves the acquisition of shares by Mrs. Sana Bashir, the spouse of Executive Director Adil Bashir.
According to the company’s announcement, Mrs. Sana Bashir purchased a total of 10,402 shares on June 2, 2026. The acquisition was made at a rate of 130.3810402 per share through the Central Depository Company (CDC) in the ready market. The cumulative percentage of shares held as a result of this transaction stands at 0.02%.
The disclosure was made to ensure transparency and compliance with regulatory requirements. Such transactions are closely monitored to maintain investor confidence and market integrity.
According to information available from the Pakistan Stock Exchange (PSX), this movement is classified as a minor move based on the percentage change in shareholding. The PSX’s guidelines require public disclosure of transactions involving significant stakeholders and their immediate family members to maintain the integrity of market operations.
This announcement highlights the ongoing regulatory compliance by Suraj Cotton Mills Limited, ensuring that all relevant parties are informed of changes in significant shareholdings.