⚡ Flash Summary
Muhammad Hussain acquired 2,450,000 voting shares of Saif Textile Mills Limited on October 23, 2025, at a price of Rs. 26.09 per share. This acquisition increased his total shareholding to 3,391,994 shares, representing 12.84% of the total issued voting shares. Previously, his holding was 941,994 shares. The disclosure is made pursuant to Section 110 of the Securities Act, 2015.
📌 Key Takeaways
- 📝 Muhammad Hussain acquired shares of Saif Textile Mills Limited.
- 🗓️ Acquisition date: October 23, 2025.
- 💰 Acquisition price: Rs. 26.09 per share.
- 📈 Number of shares acquired: 2,450,000.
- 📊 Total shareholding after acquisition: 3,391,994 shares.
- 💼 Total shareholding percentage: 12.84% of total issued voting shares.
- 📉 Previous shareholding: 941,994 shares.
- 📜 Disclosure pursuant to Section 110 of the Securities Act, 2015.
- 👤 Acquirer: Muhammad Hussain.
- 📍 Acquirer Address: D-252, NHS Zamzama Clifton, Karachi.
- 🚫 No persons acting in concert were identified.
- 🚫 No nominee director representation was identified.
🎯 Investment Thesis
HOLD. The acquisition represents a significant increase in shareholding by Muhammad Hussain. More information is needed to make a well informed BUY or SELL decision. A deeper analysis of the company’s financials, market position, and growth prospects is required before making a decision. Price target and time horizon will depend on further analysis.
Disclaimer: AI-generated analysis. Not financial advice.