Karachi: Weavers Pakistan (Pvt) Ltd., a substantial shareholder of Bawanyair Products Limited, executed a significant transaction in the company’s shares, resulting in a notable shift in its shareholding. The transaction, disclosed under the Pakistan Stock Exchange Regulation 5.6.4., involved the sale of 460,000 shares on May 18, 2026, through the Central Depository Company (CDC) in the ready market.

According to information available from the Pakistan Stock Exchange (PSX), this transaction was part of a larger pattern of shareholding adjustments by key figures within the company. Following the sale, Weavers Pakistan’s cumulative shareholding has decreased to 2.34 million shares, representing 31.23% of the company’s total shares. This represents a very large or significant move from its previous shareholding percentage of 32.77%.

The sale of shares by Weavers Pakistan, which is categorized under the designated market category, marks a prominent adjustment in the company’s ownership structure. The disclosure aligns with regulatory requirements, ensuring transparency in shareholding changes by directors, executives, and substantial shareholders.