Karachi: Supernet Technologies Limited has reported notable share transactions, including a significant acquisition by Telecard Limited, a substantial shareholder. These transactions were disclosed under Pakistan Stock Exchange Regulation 5.6.4 in a report dated September 17, 2026.
The report highlights that Telecard Limited executed a right transaction involving 66,367,524 shares of Supernet Technologies. This acquisition increased Telecard's cumulative shareholding to 101,538,975 shares, representing 51.00% of the total shares. The transaction, conducted through the Central Depository Company (CDC), falls under the category of a very large or significant move.
Other transactions reported include those by key figures within Supernet Technologies. Mr. Jamal Nasir Khan, the Chief Executive Officer, acquired 1,848 shares through CDC, bringing his cumulative shareholding to 3,418 shares, which constitutes 0.00% of the company's shares. Similarly, Mr. Waseem Ahmad, an Executive Director, added 924 shares to his portfolio, resulting in a total of 101,709 shares or 0.05% of the company's shares.
According to information available from the Pakistan Stock Exchange (PSX), Mr. Asad Mujtaba Naqvi, an Independent Director, also executed a right transaction involving 924 shares, culminating in a total shareholding of 1,709 shares, equating to 0.00%. Additionally, Mr. Muhammad Farhan Saeed, the Company Secretary, reported a cumulative holding of 50,000 shares, representing 0.03% of the company's total shares, although the number of shares acquired in the latest transaction was not specified.
These transactions reflect the ongoing strategic interests and movements within Supernet Technologies, as stakeholders adjust their positions in the market.