Yunus Textile Mills Limited Increases Stake in Lucky Cement Limited


Karachi: Yunus Textile Mills Limited, an associated company of Lucky Cement Limited, has executed significant transactions, increasing its stake in the cement manufacturing giant. The transactions, carried out earlier this month, signal a strategic move by the textile company to bolster its investment in the cement sector.



On September 5, 2025, Yunus Textile Mills Limited purchased 72,000 shares of Lucky Cement Limited at an average rate of 461.52 per share. This acquisition was conducted through the Central Depository Company (CDC) in the ready market. Subsequently, on September 8, 2025, the textile company further expanded its holdings by acquiring an additional 100,000 shares at an average rate of 475.85 per share, also through the CDC in the ready market.



According to information available from the Pakistan Stock Exchange (PSX), these transactions have increased Yunus Textile Mills Limited’s cumulative shareholding in Lucky Cement Limited to 115.23 million shares, representing a minor move in the overall share composition.



These transactions will be presented for discussion in the upcoming board meeting of Lucky Cement Limited. The textile company’s increased stake underlines a strategic effort to deepen its investment portfolio within the cement industry, a key player in the designated market category of construction and materials.