Karachi: An executive of Meezan Bank Limited, Syed Imran Ali Shah, has increased his shareholding in the bank through a recent transaction, according to a disclosure under PSX Regulation 5.6.4. The transaction, which took place on April 22, 2025, involved the purchase of 2,500 shares at a rate of PKR 272.70 per share.

Following this acquisition, Mr. Shah's cumulative shareholding in the bank now stands at 7,720 shares. The percentage of shares held by Mr. Shah remains at 0%, given the overall share distribution of the bank.

According to information available from the Pakistan Stock Exchange (PSX), such disclosures are mandated for executives and relevant persons to maintain transparency in market activities. The transaction was conducted in the ready market, utilizing the Central Depository Company (CDC) form of share certificates.

Meezan Bank Limited operates within the financial sector, offering a wide range of banking services and maintaining a significant presence in the market. The bank's stock transactions are closely monitored by stakeholders and market participants, given its influence on the financial landscape.