AGT Holdings Limited Acquires Shares in Hoechst Pakistan Limited

Karachi: AGT Holdings (Pvt.) Limited, an associated company of Hoechst Pakistan Limited, has executed a transaction involving the purchase of shares in the company, according to a disclosure made under the Pakistan Stock Exchange (PSX) regulations. The transaction, part of a regulatory requirement to disclose interests by associated companies, was carried out on June 4, 2025.

AGT Holdings has acquired 200 shares in Hoechst Pakistan Limited at a rate of Rs. 3,248 per share. This acquisition brings AGT Holdings' cumulative shareholding in Hoechst Pakistan Limited to 200,948 shares, representing 2.08% of the company's total shares. The transaction was executed in the regular market category, as stipulated by the PSX regulations.

According to information available from the Pakistan Stock Exchange (PSX), the transaction will be presented in an upcoming board meeting of Hoechst Pakistan Limited for consideration. The disclosure notes the importance of adhering to clause No. 5.6.4 of the PSX Regulations, which mandates transparency in transactions involving associated companies of listed entities.

The disclosure further confirms that the holding period for this transaction exceeds six months. In the event that it was within a six-month period, AGT Holdings would be required to deposit an equivalent of the profit with the Securities and Exchange Commission of Pakistan (SECP), in accordance with Section 105 of the Securities Act, 2015, under intimation to PSX.

The transaction and related compliance measures reflect the regulatory framework governing corporate governance and financial transparency for listed companies in Pakistan.