Karachi: Al-Noor Fertilizer Industries Limited has announced a series of significant transactions involving the purchase of shares in Shahmurad Sugar Mills Limited. According to a disclosure report dated August 31, 2026, the associated company completed these share acquisitions last week, marking a notable movement in the stock market.

In the transactions detailed, Al-Noor Fertilizer Industries Limited acquired a total of 125,146 shares through the Central Depository Company (CDC) in the ready market. These purchases were executed on August 24 and 25, 2026. The company first bought 51,034 shares at an average rate of Rs. 375.00 per share, followed by an acquisition of an additional 74,112 shares at an average rate of Rs. 375.02 per share.

According to information available from the Pakistan Stock Exchange (PSX), these transactions are slated for discussion in the upcoming board meeting, as mandated by clause 5.6.4. of PSX Regulations. This disclosure underscores the procedural adherence required for such substantial market activities.

The designated market category for these transactions was the ready market, with the shares being held in the form of CDC. The disclosure did not specify any percentage change in shareholding, focusing solely on the transaction details as required by the regulatory framework.

The execution of these transactions by Al-Noor Fertilizer Industries Limited reflects their ongoing strategic interests in Shahmurad Sugar Mills Limited, highlighting the interconnected dynamics within the industry.