Karachi, In a recent disclosure to the Pakistan Stock Exchange (PSE), Danish Elahi, identified as a substantial shareholder, has significantly increased his stake in a listed company. According to the details provided under the compliance of regulation 5.6.1.(d) of PSX Regulations, Danish Elahi purchased 344,000 shares at a rate of PKR 15.00 per share. This transaction took place in the ready market, and the shares were acquired in the form of CDC certificates.
This move by Elahi marks a notable development in the shareholding pattern of the company, reflecting a robust confidence in its potential and future prospects. The acquisition has been officially recorded and disclosed to the Pakistan Stock Exchange, ensuring transparency and compliance with market regulations.