Century Paper & Board Mills Limited Sees Big Move with Share Purchase by Non-Executive Director

Karachi: Century Paper & Board Mills Limited has announced a notable transaction involving its shares, executed by a non-executive director of the company. According to a disclosure dated March 5, 2026, the transaction was carried out in alignment with the Pakistan Stock Exchange’s Regulation 5.6.4, which mandates the disclosure of interests by relevant persons holding company shares.

Mr. Iqbal Ali Lakhani, who serves as a non-executive director of Century Paper & Board Mills Limited, executed a purchase transaction on March 3, 2026. The transaction involved the acquisition of 100,000 shares at a rate of Rs. 27.02 per share. This addition brings Mr. Lakhani’s total holdings to 4,920,914 shares. The cumulative percentage of shares held by him now stands at 1.22%, marking a moderate move in the company’s shareholding dynamics.

According to information available from the Pakistan Stock Exchange (PSX), this transaction reflects compliance with the disclosure norms required for directors and substantial shareholders. The transaction was conducted in the ready market, with shares held in the form of Central Depository Company (CDC) certificates.

Century Paper & Board Mills Limited falls under the designated market category of manufacturing, with its operations focused on producing paper and board products. The transaction by Mr. Lakhani is significant as it underscores ongoing interest and investment by board members in the company’s stock.