Karachi: Bank Makramah Limited has declared that a potential equity investment proposal from M's DM Holdings Limited-led Consortium will not move forward. This development comes after an initial disclosure on June 11, 2026, on the Pakistan Stock Exchange (PSX), where the bank had received an expression of interest for investment.

The decision to halt the proposal was officially communicated in a recent report dated September 10, 2026. According to information available from the Pakistan Stock Exchange (PSX), the bank had previously approved an alternative investment proposal. This proposal, confirmed on August 18, 2026, involves an injection of PKR 10 billion by the bank's sponsor, His Excellency Nasser Abdulla Hussain Lootah. This investment remains subject to necessary corporate and regulatory approvals.

Bank Makramah Limited has emphasized the importance of keeping investors and the market fully informed about these developments. The bank has requested the dissemination of this information to the TRE certificate holders of the exchange.