Lahore: Millat Tractors Limited has reported a notable transaction involving one of its key board members. According to a disclosure submitted to the Pakistan Stock Exchange, Sikandar Mustafa Khan, serving as a non-executive director of the company, has executed a purchase of shares, marking a significant move in the company's trading activities.

The report, dated October 13, 2026, outlined that Mr. Khan acquired 10,000 shares at a rate of 298.03 per share on September 29, 2026. This transaction was carried out in the ready market category. The cumulative number of shares held by Mr. Khan following this acquisition stands at 22,092,290, which constitutes 5.54% of the company's total shares.

According to information available from the Pakistan Stock Exchange (PSX), the transaction is a significant move, reflecting an increased stake by a substantial shareholder within the company. The acquisition by Mr. Khan underscores a continued interest and confidence in the company’s market position.

This transaction is part of the regulatory compliance under section 5.6.1.(d) of the PSX regulations, which mandates the disclosure of interests by directors, executives, and substantial shareholders, as well as their spouses and minors.