Pace (Pakistan) Limited Announces Changes in Shareholding Structure Following Capital Enhancement

Karachi: Pace (Pakistan) Limited has announced significant changes in its shareholding structure following the enhancement of its paid-up capital through the issuance of shares under the Employees' Share Option Scheme 2025. According to an official announcement made on July 21, 2026, the alterations in shareholdings have resulted in some shareholders no longer qualifying as substantial shareholders of the company.

W.S Engineering (Pvt) Limited, which previously held 46,687,439 shares, now represents 9.63% of the company's total shareholding. This marks a big move in their shareholding percentage. Meanwhile, Mr. Nadeem Nisar, who held 33,265,473 shares, now accounts for 6.86% of the total shares, reflecting a moderate move in his shareholding percentage.

According to information available from the Pakistan Stock Exchange (PSX), these changes are part of a broader strategy by Pace (Pakistan) Limited to enhance its financial structure and incentivize employees through the share option scheme. The initiative is expected to have substantial implications for the company's market dynamics and shareholder landscape.

The company has requested that this information be disseminated to the members of the exchange to ensure transparency and informed decision-making among its stakeholders.