Insider Transactions Unveiled at Ashfaq Textile Mills Limited: Executive Director’s Spouse Engages in Share Purchases

Karachi, Ashfaq Textile Mills Limited has revealed recent insider transactions involving the purchase of company shares. The disclosed transactions were carried out by Mussarat Ashfaq, the spouse of Ashfaq Ahmad, an Executive Director of the company. The purchases occurred on August 2, 2023, and were executed through the Central Depository Company (CDC) in the “Ready” market.

In the first transaction, Mussarat Ashfaq acquired 1000 shares at a rate of 7.99 PKR per share. In the second transaction, she purchased 500 shares at a rate of 8.00 PKR per share. These activities signify the involvement of key individuals linked to the company in its shareholding, potentially reflecting their confidence in the company’s future prospects.

The post Insider Transactions Unveiled at Ashfaq Textile Mills Limited: Executive Director’s Spouse Engages in Share Purchases appeared first on Pakistan Company News.