Karachi: Millat Tractors Limited, a prominent entity in the machinery and equipment sector, disclosed notable transactions involving its non-executive directors on October 26, 2026. This disclosure, submitted under section 5.6.1.(d) of the Pakistan Stock Exchange (PSX) Regulations, outlines the acquisition of shares by key individuals associated with the company.
Two transactions were reported, each executed by non-executive directors of the company. Sikandar Mustafa Khan, a non-executive director, purchased a total of 8,529 shares on October 23, 2026, at a rate of 279.84 per share. This acquisition increased his cumulative shareholding in the company to 22,110,819 shares, representing a 5.54% stake.
Additionally, Muhammad Mustafa Khan, also serving as a non-executive director, acquired 6,000 shares on October 5, 2026, at a price of 295.70 per share. This transaction brought his total shareholding to 4,464,772 shares, equivalent to a 1.12% stake in the company.
According to information available from the Pakistan Stock Exchange (PSX), these transactions reflect the ongoing investment interests of the company's directors in Millat Tractors Limited, further solidifying their commitment to the company's growth and performance in the market.
These acquisitions are part of the company's ongoing regulatory compliance to disclose insider transactions, providing transparency to stakeholders and investors regarding the ownership dynamics within Millat Tractors Limited.