Yunus Textile Mills Limited Reduces Stake in Lucky Core Industries Limited


Karachi: M/s. Yunus Textile Mills Limited has executed a series of share transactions involving the sale of their stake in Lucky Core Industries Limited, according to a disclosure made on August 22, 2025. The transactions, which occurred over two consecutive days, have resulted in a minor move in the cumulative percentage of shares held by the textile company.



On August 20, 2025, Yunus Textile Mills Limited sold a total of 53,000 shares at a rate of 352.44 per share. The shares were in the form of Central Depository Company (CDC) ready certificates. This transaction brought the cumulative number of shares held by the company to 55.11 million, accounting for 11.93% of Lucky Core Industries Limited.



The following day, on August 21, 2025, the company continued its sell-off by offloading an additional 60,000 shares at a rate of 346.21 per share. This transaction further reduced the cumulative shareholding to 55.05 million, resulting in a new cumulative percentage of 11.92%.



According to information available from the Pakistan Stock Exchange (PSX), these transactions are set to be reviewed in a subsequent board meeting, as mandated by clause No. 5.6.4 of PSX Regulations. The market category for these transactions was classified under the ‘Ready’ section.



This disclosure by Yunus Textile Mills Limited comes amidst ongoing trading activities and reflects a minor adjustment in their investment strategy concerning Lucky Core Industries Limited.