Karachi: Unilever Pakistan Foods Limited has made a disclosure concerning the acquisition of shares by one of its non-executive directors, Zulfikar Monnoo. According to the report dated November 12, 2026, this transaction was executed under the regulations governing substantial shareholders.
The disclosure indicates that Zulfikar Monnoo, a non-executive director of Unilever Pakistan Foods Limited, acquired 69,758 shares through inheritance. This transaction did not alter the rate of the shares as they were acquired at a rate of 0.00 per share, reflecting the nature of inheritance.
Following this transaction, Mr. Monnoo's cumulative holding in the company now stands at 228,931 shares, representing a cumulative percentage of 3.59% of the company's total shares. This percentage change is classified as a very large or significant move.
According to information available from the Pakistan Stock Exchange (PSX), the transaction was recorded under the physical form of share certificates, a detail that aligns with regulatory requirements for transparency and accountability in market dealings.
The disclosure is part of routine reporting obligations for listed companies and their directors, ensuring stakeholders are kept informed of significant changes in shareholding within the company.