⚡ Flash Summary

On October 29, 2025, Reliance Weaving Mills Limited disclosed transactions involving its directors and their spouses. Mr. Fawad Ahmed Mukhtar, a director, gifted out 6,522,020 shares. Mrs. Ambreen Fawad, spouse of Mr. Fawad Ahmed Mukhtar, received 1,216,905 shares, and Mr. Abbas Mukhtar, a director, received 1,332,528 shares. All transactions occurred on October 24, 2025, and involved shares held in CDC form. These transactions resulted in each individual holding 1,332,530 shares, representing 4.32% ownership.

📌 Key Takeaways

• 📝 Disclosure made by Reliance Weaving Mills Limited on October 29, 2025.
• 👨‍💼 Mr. Fawad Ahmed Mukhtar (Director) gifted out 6,522,020 shares.
• 👩‍💼 Mrs. Ambreen Fawad (Spouse) received 1,216,905 shares.
• 👨‍💼 Mr. Abbas Mukhtar (Director) received 1,332,528 shares.
• 🗓️ All transactions occurred on October 24, 2025.
• 🏢 Shares are held in CDC form.
• 🤝 Transactions involved gifts of shares.
• 📊 Cumulative holdings for each individual amount to 1,332,530 shares.
• 💼 Each individual’s holding represents 4.32% of the company.
• 👨‍👩‍👧‍👦 Remaining shares are gifted to other family members who are not beneficial owners.
• 📜 Transactions will be presented at the upcoming Board Meeting as required under Clause 5.6.4 of PSX Regulations.

🎯 Investment Thesis

Based solely on this announcement, a HOLD recommendation is appropriate. The share transfers do not provide sufficient information to warrant a BUY or SELL decision. Further analysis of the company’s financial performance and strategic direction is necessary before making a definitive investment decision. Price target and time horizon cannot be determined based on this announcement alone.