CSAPL/CS-08/042
February 4, 2026
Pakistan Stock Exchange Limited Stock Exchange Building
Stock Exchange Road
Karachi.Dear Sir,
SUBJECT: MATERIAL INFORMATIONIn accordance with section 96 of the Securities Act 2015 and Clause 5.6.1(a) of the PSX Regulations of the Pakistan Stock Exchange Limited, we hereby convey the following information:
"The Board of Directors of Crescent Steel and Allied Products Limited, in its meeting held on February 4, 2026, has resolved to discontinue the Cotton segment as part of the Company's strategic realignment.
The Cotton segment will cease to be part of the Company's continuing operations and it will be presented as a "discontinued operation" for reporting purposes. This decision has been taken after a detailed review of the segment's performance and its alignment with the Company's long-term objectives.
The Company will ensure an orderly transition and remains committed to focusing on its core business areas to enhance operational efficiency and shareholder value."
You may please inform the TRE certificate holders of the Exchange according. Disclosure Form is attached herewith.
Thanking you,
Yours truly,
Crescent Steel and Allied Products LimitedAzeem Sarwar, FCA
Company Secretary
.
Annexure - A DISCLOSURE FORM IN TERMS OF SECTION 96 AND 131 OF THE SECURITIES ACT 2015Name of Company Crescent Steel and Allied Products Limited
E- Floor, IT Tower, 73-E/1, Hali Road, Gulberg III, Lahore - Pakistan.
Date of Reporting December 30, 2025
Contact Information Azeem Sarwar Company Secretary
9th Floor, Sidco Avenue Centre, 264 R. A. Lines Karachi, Pakistan Tel: 021 3567 4881-5
Email: company.secretary@crescent.com.pk
PUBLIC DISCLOSURE OF MATERIAL INFORMATION
In accordance with the section 96 and 131 of the Securities Act 2015 and Clause 5.6.1(a) of the Rule Book of the Pakistan Stock Exchange Limited, we hereby convey the following information:
The Board of Directors of Crescent Steel and Allied Products Limited, in its meeting held on February 4, 2026, has resolved to discontinue the Cotton segment as part of the Company's strategic realignment.
The Cotton segment will cease to be part of the Company's continuing operations and it will be presented as a "discontinued operation" for reporting purposes. This decision has been taken after a detailed review of the segment's performance and its alignment with the Company's long-term objectives.
The Company will ensure an orderly transition and remains committed to focusing on its core business areas to enhance operational efficiency and shareholder value.
Yours faithfully,
Azeem Sarwar, FCA
Company Secretary
Date: February 4, 2026 Lahore