Karachi: Waseem Shafi, a non-executive director of International Knitwear Limited, has executed a transaction involving the sale of shares in the company, according to a disclosure report released on November 6, 2026.

The transaction took place in the ready market on November 5, 2026, involving a sale of 1,000 shares at a rate of 161.02 per share. Following this sale, Waseem Shafi's cumulative holding stands at 50,912 shares, representing a cumulative percentage of 0.52%.

According to information available from the Pakistan Stock Exchange (PSX), this transaction falls under the disclosure requirements mandated for directors, executives, their spouses, and substantial shareholders. The sale is categorized under the 'ready' market, as per PSX regulations.

The disclosure is in line with the PSX regulations u/c 5.6.1.(d), which necessitates transparency in the dealings of company insiders to ensure market integrity and investor confidence.