โก Flash Summary
On November 11, 2025, Crescent Textile Mills Limited disclosed the acquisition of company shares by Director/CEO Ahmad Shafi and Director Muhammad Anwar. Ahmad Shafi, the CEO, purchased 9,000 shares on November 6, 2025, 36,000 shares on November 7, 2025 and 24,500 shares on November 10, 2025 at rates ranging from PKR 23.14 to PKR 23.34 per share, increasing his total shareholding to 22,967,905 shares, representing 22.97% ownership. Muhammad Anwar, a director, acquired 14,277 shares on November 6, 2025 and 31,500 shares on November 7, 2025 at rates of PKR 23.10 and PKR 23.30 respectively, increasing his total shareholding to 1,223,455 shares, which represents 1.22% ownership.
๐ Key Takeaways
- ๐ Ahmad Shafi, the CEO, purchased shares on three separate days: November 6, 7, and 10, 2025.
- ๐ The CEOโs buying prices ranged from PKR 23.14 to PKR 23.34 per share.
- ๐ The CEOโs cumulative shareholding increased to 22,967,905 shares.
- Ownership stake rose to 22.97% of the company.
- ๐งโ๐ผ Muhammad Anwar, a director, also acquired shares on November 6 and 7, 2025.
- ๐ฐ Anwarโs buying prices were PKR 23.10 and PKR 23.30 per share.
- ๐ผ Anwarโs total shareholding reached 1,223,455 shares.
- ๐ฏ Anwarโs ownership increased to 1.22% of the company.
- ๐๏ธ All transactions occurred in the โReadyโ market through CDC (Central Depository Company).
- ๐ The disclosure is in compliance with PSX Regulation 5.6.4.
- ๐ก๏ธ The disclosure aims to inform stakeholders about the transactions executed by key company personnel.
- ๐ฆ The transactions reflect the confidence of the CEO and Director in the companyโs prospects.
- โ๏ธ Sajjad Hussain, the Company Secretary, signed off on the disclosure.
- ๐ข The announcement was made by Crescent Textile Mills Limited.
๐ฏ Investment Thesis
Based on the positive signal from insider buying, a HOLD recommendation is warranted. Further analysis of the companyโs financials and market conditions is necessary to upgrade to a BUY rating. Price target will depend on further financial modeling and market analysis.
Disclaimer: AI-generated analysis. Not financial advice.