Karachi: Al-Noor Fertilizer Industries Limited has disclosed a series of transactions in which it has acquired additional shares in Shahmurad Sugar Mills Limited, according to a notification dated June 15, 2026. These transactions have been executed on the Pakistan Stock Exchange's (PSX) ready market.

The transactions commenced on June 5, 2026, when Al-Noor Fertilizer Industries Limited purchased 758 shares at an average rate of Rs. 373.21. The acquisition continued on June 8, 2026, with an additional 266 shares bought at an average rate of Rs. 360.98. On June 9, 2026, the company significantly increased its acquisition with a purchase of 9,000 shares at an average rate of Rs. 381.00. The final transaction occurred on June 10, 2026, with the purchase of 12,717 shares at an average rate of Rs. 381.22.

According to information available from the Pakistan Stock Exchange (PSX), these transactions have resulted in Al-Noor Fertilizer Industries Limited owning a cumulative total of 94,520 shares in Shahmurad Sugar Mills Limited, representing 0.45% of the company's shares. This denotes a moderate move in terms of percentage increase in shareholding.

The aforementioned transactions are set to be presented in the forthcoming board meeting of Shahmurad Sugar Mills Limited, as stipulated under clause 5.6.4 of the PSX Regulations. The members of the exchange have been duly informed of these developments.