Reliance Cotton Spinning Mills Witnesses Insider Trading as Independent Director Acquires 50 Shares

Karachi, In a recent development, Reliance Cotton Spinning Mills Limited has reported insider trading activity involving the acquisition of company shares by an Independent Director. Anjum Saleem, the Independent Director in question, executed a transaction on May 31, 2023, purchasing 50 shares at a rate of 574.93. The shares were acquired through CDC (Central Depository Company) and were in ready-to-trade form. The market responds to this insider trading revelation as stakeholders speculate on potential implications for the company’s future.

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