Karachi: In a notable transaction involving Leather Up Limited, a non-executive director has made a significant acquisition of company shares. According to the disclosure of interest filed under PSX Regulation 5.6.4, Jazim Shah, a non-executive director of the company, executed a purchase of 760,100 shares.

The transaction, dated June 15, 2026, saw Shah acquiring shares at a rate of 47.20 per share, bringing his cumulative holdings to 1,360,200 shares. This acquisition represents a cumulative percentage of 22.67% of the company's total shares.

According to information available from the Pakistan Stock Exchange (PSX), such a move is classified as a substantial transaction in the designated market category. The purchase of shares by Shah underscores his growing stake and influence within Leather Up Limited.

This transaction comes amid a broader context of strategic decisions and movements within the company, marking a significant development in its corporate landscape.