Karachi: Cherat Cavient Company Limited, a prominent entity in the industrial sector, has witnessed a series of share acquisitions by its substantial shareholder, Faruque (Private) Limited. According to a disclosure dated April 10, 2026, the transactions were executed earlier this month.

The acquisitions took place over two consecutive days, beginning on April 6, 2026. On this day, Faruque (Private) Limited purchased 10,120 shares at a rate of 245.00 per share and an additional 10,000 shares at 240.00 per share. The following day, April 7, 2026, saw the acquisition of 20,000 shares at a rate of 241.00 per share. As a result of these transactions, the cumulative number of shares held by Faruque (Private) Limited in Cherat Cavient Company Limited increased to 42.33 million, representing a cumulative percentage of 21.785.

According to information available from the Pakistan Stock Exchange (PSX), these transactions were conducted in the CDC Ready market. The disclosure highlights the active engagement of Faruque (Private) Limited in the equity of Cherat Cavient Company Limited, reflecting a strategic interest in bolstering its ownership stake.