Karachi: AGT Holdings (Pvt.) Limited, an associated company of Hoechst Pakistan Limited, has disclosed a series of share purchases that have increased its cumulative shareholding in the company. The transactions were carried out over three consecutive days in June 2025, resulting in a significant increase in their stake.

According to the disclosure made under Section 5.6.4 of the Pakistan Stock Exchange (PSX) Regulations, AGT Holdings acquired a total of 680 shares of Hoechst Pakistan Limited. The transactions began on June 18, 2025, with the purchase of 100 shares at a price of Rs. 3,250 each. The following day, AGT Holdings bought an additional 200 shares at Rs. 3,150 per share. The final purchase occurred on June 20, 2025, involving 380 shares at Rs. 3,171 each.

These acquisitions have brought AGT Holdings' cumulative shareholding to 201,628 shares, equivalent to 2.09% of the total shares. This marks a Moderate move in the percentage change of their holdings.

The company has confirmed that these transactions will be reviewed in the upcoming board meeting, as per the requirements of the PSX regulations. Furthermore, it was confirmed that the holding period for these transactions exceeds six months. In compliance with Section 105 of the Securities Act, 2015, if the holding period is under six months, any profits would be deposited with the Securities and Exchange Commission of Pakistan (SECP), with notification to PSX.

According to information available from the Pakistan Stock Exchange (PSX), AGT Holdings' recent activity underscores a strategic move to bolster its position in Hoechst Pakistan Limited.