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Karachi, Khawaja Amer Kurshid, a Non-Executive Director of AN Textile Mills Limited, has bought 8,500 shares of the company. The transaction occurred on May 16, with shares priced at 8.60 per share, conducted through the Central Depository Company (CDC).
According to information available from the Pakistan Stock Exchange (PSX), The company confirmed that this transaction will be discussed in the upcoming board meeting. It will include a review of any non-compliance issues as mandated by clause No. 5.6.1.(d) of PSX Regulations. Furthermore, the company assured that if the holding period of these shares is less than six months, any profit made will be handled in accordance with Section 105 of the Securities Act, 2015. The necessary amount will be deposited with the Securities and Exchange Commission of Pakistan (SECP) and duly reported to PSX.