Karachi, Yousaf Weaving Mills Limited has officially reported a series of noteworthy transactions carried out by Substantial Shareholder Andleeb Kausar. Here are the details of the transactions:
1. Transaction on September 13, 2023
Name of Person (Description): Andleeb Kausar (Substantial Shareholder)
Date: September 13, 2023
Nature: SELL
No. of Shares: 186,500
Rate: 2.81
Form of Share Certificates: CDC
Market: Ready
2. Transaction on September 14, 2023
Name of Person (Description): Andleeb Kausar (Substantial Shareholder)
Date: September 14, 2023
Nature: SELL
No. of Shares: 816,500
Rate: 2.78
Form of Share Certificates: CDC
Market: Ready
3. Transaction on September 15, 2023
Name of Person (Description): Andleeb Kausar (Substantial Shareholder)
Date: September 15, 2023
Nature: SELL
No. of Shares: 214,000
Rate: 2.80
Form of Share Certificates: CDC
Market: Ready
These transactions indicate substantial activity by Andleeb Kausar, a key stakeholder in Yousaf Weaving Mills Limited. The shares were sold at varying rates, with the most recent transaction occurring on September 15, 2023.
Investors and stakeholders may take note of these developments as they can potentially impact the company's shareholding structure and overall market sentiment. Further details regarding the reasons behind these transactions and their implications remain to be seen.
Yousaf Weaving Mills Limited will continue to keep its investors and regulatory authorities informed about significant developments in accordance with the applicable laws and regulations.
