Shezan Services Acquires Significant Stake in Shahtaj Sugar Mills Limited

Karachi: M/s. Shezan Services (Private) Limited, an associated company sharing common directorship with Shahtaj Sugar Mills Limited, has recently executed a notable transaction involving the acquisition of shares in the sugar manufacturing firm. On June 13, 2025, Shezan Services purchased 200,000 shares of Shahtaj Sugar Mills Limited in Central Depository Company (CDC) form.

The transaction was executed in the Non-Competitive Segment (NCS) market at an average rate of 115 rupees per share. This acquisition has increased Shezan Services' cumulative shareholding in Shahtaj Sugar Mills Limited to 625,450 shares, representing 5.20% of the total shares.

According to information available from the Pakistan Stock Exchange (PSX), this move reflects a very large or significant move in terms of percentage change in shareholding. The designated market category for this transaction is the Non-Competitive Segment (NCS), indicating its nature within the trading landscape.