AGT Strategic Holdings (Pvt.) Limited Increases Stake in Hoechst Pakistan Limited

Karachi: In a recent disclosure to the Pakistan Stock Exchange, Hoechst Pakistan Limited reported that AGT Strategic Holdings (Pvt.) Limited has executed transactions to increase its shareholding. This announcement on September 11, 2026, provides insight into the company's strategic movements in the market.

According to the report, AGT Strategic Holdings, formerly known as AGT Holdings (Pvt.) Limited, engaged in two separate transactions. On September 9, 2026, the company purchased 101 shares at a rate of Rs. 3,970 per share. Following this, on September 10, 2026, an additional 599 shares were acquired at Rs. 3,946 per share. These transactions have raised AGT Strategic Holdings' total shareholding in Hoechst Pakistan Limited to 211,029 shares, equivalent to a 2.19% stake.

The transactions were conducted through the Central Depository Company (CDC) in the regular market. The cumulative impact of these transactions on AGT Strategic Holdings' share in Hoechst Pakistan Limited reflects a minor move, as per the percentage classification criteria.

According to information available from the Pakistan Stock Exchange (PSX), these transactions will be reviewed in the upcoming board meeting of Hoechst Pakistan Limited. The disclosure aligns with clause No. 5.6.4 of the PSX Regulations, ensuring transparency and compliance.

The holding period for these transactions exceeds six months. Should this period be shorter, any profit gained would need to be deposited with the Securities and Exchange Commission of Pakistan (SECP) as mandated by Section 105 of the Securities Act, 2015, with notifications made to the PSX.