Karachi: Century Paper & Board Mills Limited experienced noteworthy transactions involving its shares, executed by a key individual within the company. The transactions took place on consecutive days, marking a series of acquisitions by a non-executive director.
On October 29, 2025, Mr. Iqbal Ali Lakhani, a non-executive director of Century Paper & Board Mills Limited, purchased 600,000 shares at a rate of Rs. 26.10 each. The transaction increased the cumulative number of shares held by Mr. Lakhani to 605,916. The purchase resulted in a minor move of 0.150% in his shareholding.
The following day, on October 30, 2025, Mr. Lakhani continued his acquisition by purchasing an additional 900,000 shares at a rate of Rs. 26.50 per share. This brought his total shareholding to 1,505,916 shares, representing a moderate move with a 0.374% increase in his ownership stake.
According to information available from the Pakistan Stock Exchange (PSX), these transactions fall under the disclosure of interest obligations as per PSX Regulation 5.6.4. The regulation mandates the disclosure of shareholding changes by directors and substantial shareholders to ensure transparency in market activities.
These transactions reflect strategic movements by key persons within the company, aligning with regulatory frameworks and market expectations. Such disclosures are critical for maintaining transparency and providing stakeholders with detailed insights into the shareholding patterns of notable company figures.