Karachi: Shahmurad Sugar Mills Ltd. has announced that Al-Noor Fertilizer Industries Limited, an associated company, has executed a notable transaction in its shares, according to a report dated October 26, 2026.
The transaction, which took place on October 20, 2026, involved Al-Noor Fertilizer Industries Ltd. purchasing 49,954 shares of Shahmurad Sugar Mills Ltd. at an average rate of Rs. 335.10 per share. This acquisition brings the cumulative number of shares held by Al-Noor Fertilizer Industries to 649,954, representing a cumulative percentage of 3.08%.
According to information available from the Pakistan Stock Exchange (PSX), the cumulative percentage of 3.08% held by Al-Noor Fertilizer Industries Ltd. signifies a significant move in their investment stake in Shahmurad Sugar Mills.
The designated market category for this transaction was the CDC Ready market. The nature of the transaction was classified as a 'BUY'.