Karachi: Cherat Cement Company Limited, a significant shareholder in Cherat Packaging Limited, has increased its stake in the company with a recent acquisition of shares. According to a report dated August 3, 2026, the transaction was executed on July 31, 2026.
Cherat Cement Company Limited, classified as a substantial shareholder, purchased 75,000 shares at a rate of 103.9925 per share. The transaction was conducted in the form of Central Depository Company (CDC) share certificates.
Following this transaction, Cherat Cement Company Limited's cumulative shareholding in Cherat Packaging Limited now stands at 6.38 million shares, representing 13.00% of the total shares. According to information available from the Pakistan Stock Exchange (PSX), this move reflects the company's strategic interest in consolidating its position within the market.
This development comes as part of ongoing activities within the designated market category of the industrial sector. It highlights Cherat Cement Company Limited's continued investment and confidence in Cherat Packaging Limited's operations and prospects.