⏸️ CRTM: NEUTRAL Signal (5/10) – Disclosure of Interest by a Director CEO, or Executive of a listed company and their Spouses and the Substantial Shareholders u/c 5.6.1.(d) of PSX Regulations

📌 Key Takeaways

• 📝 Ahmad Shafi, CEO, bought 92,560 shares on 10/06/2025 at a rate of 23.96.
• 📈 Ahmad Shafi’s cumulative shareholding increased to 22,783,465 shares, representing 22.78%.
• 📝 Ahmad Shafi, CEO, acquired another 55,753 shares on 10/07/2025 at a rate of 23.98.
• 📈 Ahmad Shafi’s cumulative shareholding further increased to 22,839,218 shares, representing 22.84%.
• 📝 Ahmad Shafi, CEO, purchased an additional 59,187 shares on 10/08/2025 at a rate of 23.87.
• 📈 Ahmad Shafi’s cumulative shareholding rose to 22,898,405 shares, representing 22.90%.
• 👤 Muhammad Anwar, Director, bought 21,300 shares on 10/09/2025 at a rate of 23.37.
• 📊 Muhammad Anwar’s cumulative shareholding reached 1,177,678 shares, representing 1.17%.
• 📅 All transactions were executed in the ‘Ready’ market via CDC share certificates.
• 🏢 The disclosure pertains to PSX Regulation 5.6.4, indicating transparency regarding insiders’ trading activities.
• 💼 These transactions by the CEO and a Director suggest confidence in the company’s prospects, but further analysis is needed for a definitive investment decision.

🎯 Investment Thesis

The disclosed information alone is insufficient to form a strong investment thesis. While insider buying is a positive indicator, a comprehensive analysis of Crescent Textile Mills’ financial performance, market position, and industry outlook is needed before making an investment decision. Therefore, a HOLD recommendation is appropriate until further information is available.