Treet Battery Limited Faces Significant Share Sale by Substantial Shareholder

Karachi: Treet Battery Limited has disclosed a notable transaction involving its shares, as per the regulations set by the Pakistan Stock Exchange (PSX). On April 16, 2025, Treet Corporation Limited, identified as a substantial shareholder of Treet Battery Limited, executed a sale of shares.

According to the company's disclosure, Treet Corporation Limited sold a total of 2,040,219 shares at a rate of 12.72 each. This transaction was carried out in the ready market, as specified in the company's filing. The cumulative number of shares held by Treet Corporation Limited after this transaction stands at 732,626,637, representing a cumulative percentage of 83.03% of the company's total shares.

The disclosure was made under PSX Regulation 5.6.4, which mandates the reporting of such transactions by directors, executives, substantial shareholders, or their immediate family members, ensuring transparency in the trading activities involving company shares.

According to information available from the Pakistan Stock Exchange (PSX), the transaction by Treet Corporation Limited reflects the ongoing activities in the designated market category, where significant shareholders' movements are monitored closely. This sale may impact investor perceptions and market performance of Treet Battery Limited shares in the near future.