Karachi: Macter International Limited has announced a significant update regarding the shareholding of one of its key executives. On March 18, 2025, the company disclosed a transaction related to the inheritance of shares by Swaleh Misbah Khan, an Executive Director. This disclosure is in compliance with Pakistan Stock Exchange Regulation 5.6.4.
According to the official disclosure, Swaleh Misbah Khan acquired 203,061 shares through inheritance. The transaction was executed on March 17, 2025, and was conducted through the Central Depository Company (CDC) system. The inherited shares were acquired at a rate of 0.00, indicating a transfer of ownership rather than a typical market transaction.
The cumulative number of shares held by Swaleh Misbah Khan after this transaction stands at 15,292,382. This accounts for a cumulative percentage of 33.38% of the total shares of Macter International Limited.
According to information available from the Pakistan Stock Exchange (PSX), this disclosure aligns with regulatory requirements that mandate transparency in the trading activities of directors, executives, and substantial shareholders.
The designated market category for Macter International Limited is not specified in the available data. However, the transparency in reporting such transactions is crucial for maintaining investor confidence and ensuring compliance with stock exchange regulations. The detailed disclosure provides stakeholders with critical information regarding changes in the company's shareholding structure.