Karachi: The Searle Company Limited has reported significant share transactions by International Brands (Private) Limited, a substantial shareholder, as disclosed in a report submitted on October 2, 2026. These transactions were executed in the ready market segment and reflect an increase in the shareholder's stake in the company.
According to the report, International Brands (Private) Limited acquired a total of 1,458,795 shares over the course of September 30, 2026, and October 1, 2026. The buying activity began with 3,708 shares at a rate of 79.80 on September 30. This was followed by a series of purchases on October 1, including 649 shares at 79.95, 2,950 shares at 79.97, and 114,563 shares at 79.99. The largest transaction occurred with a purchase of 1,277,013 shares at a rate of 80.00.
The cumulative number of shares owned by International Brands (Private) Limited has now reached 296.85 million, representing a 50.47% stake in The Searle Company Limited. This marks a very large or significant move in the shareholder's investment position.
According to information available from the Pakistan Stock Exchange (PSX), these disclosures are in compliance with section 5.6.1.(d) of the PSX Regulations, which mandates the reporting of any interest by directors, CEOs, executives, their spouses, and substantial shareholders in listed companies.
The transactions concluded with smaller purchases of 1,858 shares at 79.90, 5,023 shares at 79.98, 51 shares at 79.94, and finally, 3,980 shares at 79.80. This series of acquisitions highlights International Brands (Private) Limited's strategic interest in enhancing its holding within the company.