Karachi: Siemens AG-Germany, a substantial shareholder in Siemens (Pakistan) Engineering, has increased its stake in the company, according to a filing dated March 25, 2026. The transaction was disclosed under the Pakistan Stock Exchange (PSX) Regulation 5.6.4, which mandates the reporting of share dealings by relevant persons within the company.
The acquisition involved the purchase of 245 shares in the company. According to information available from the Pakistan Stock Exchange (PSX), this transaction took place on March 24, 2026, in the ready market. The cumulative number of shares held by Siemens AG-Germany now stands at 1,516.007771613, accounting for a 94.24% stake in Siemens (Pakistan) Engineering. This transaction is a significant move, further consolidating the substantial shareholder's position in the company.
The designated market category for this transaction was the Central Depository Company (CDC). The nature of the transaction was classified as a "BUY," reflecting Siemens AG-Germany's continuing confidence in its Pakistani engineering subsidiary.
The disclosure aligns with Siemens AG-Germany's interests in maintaining transparency and compliance with PSX regulations, ensuring that all stakeholders are informed of significant changes in shareholding structures.