Karachi: M/s. Yunus Textile Mills Limited has executed significant transactions involving the sale of shares in Lucky Core Industries Limited, as per recent disclosures. The information was confirmed in a notice issued on August 20, 2025, detailing the share transactions.

On August 18, 2025, Yunus Textile Mills sold 46,000 shares at a rate of 354.40 per share. This transaction left the cumulative number of shares held by the company at 55.40 million, accounting for 12.00% of the total shares. The transaction was carried out in the Central Depository Company (CDC) form, under the ready market category.

The following day, on August 19, 2025, the company proceeded with another sale of 231,500 shares at a rate of 355.51 per share. This transaction reduced their cumulative shareholding to 55.16 million, representing 11.95% of the company’s total shares. Both transactions have been executed on the Pakistan Stock Exchange’s ready market.

According to information available from the Pakistan Stock Exchange (PSX), these movements will be discussed in the upcoming board meeting of Yunus Textile Mills Limited, as stipulated by clause No. 5.6.4 of the PSX Regulations. The transactions signify a big move in the shareholding structure of Lucky Core Industries Limited, reflecting a strategic decision by Yunus Textile Mills Limited.

The exact reasons behind these sales and their potential implications for the future strategies of both companies remain subjects of interest for market analysts and stakeholders.