Karachi: Pakistan Aluminium Beverage Cans Limited (PABC) announced a change in the voting power of its directors and substantial shareholders, reflecting updates in indirect shareholding through associated companies. This development is detailed in a company disclosure dated June 19, 2025.

Liberty Mills Limited and Liberty Power Tech Limited, associated companies of PABC, play significant roles in the updated shareholding landscape. Liberty Mills Limited holds 4.79 million shares, while Liberty Power Tech Limited holds 6.95 million shares in PABC. Notably, Liberty Power Tech Limited recently acquired 324,300 shares between June 17 and June 18, 2025.

The updated shareholding structure reveals the following changes in voting power: Mr. Zain Ashraf Mukaty, CEO and Director, possesses a direct shareholding of 75.81 million shares, representing 20.9946% of the company. Additionally, Mr. Mukaty holds an indirect voting power of 1.01 million shares, accounting for 0.2790% through corporate shareholding. His total voting power now stands at 76.82 million shares, which is 21.2736% of the company, indicating a very large or significant move.

Mr. Temoor Ashraf Mukaty, a substantial shareholder, maintains a direct shareholding of 62.50 million shares, accounting for 17.3071% of the company. His indirect voting power through corporate shareholding is 787 shares, representing 0.0002%. Consequently, his total voting power is 62.50 million shares, which is 17.3073% of the company, marking a minor move.

According to information available from the Pakistan Stock Exchange (PSX), these shifts reflect changes in the indirect shareholding of directors and substantial shareholders, impacting their total voting power within PABC.