Lahore: In a significant development within the stock market, Syeda Maimanat Mohsin and Syeda Matanat Ghaffar have sold a substantial portion of their shares in Mitchell’s Fruit Farms Limited. On October 15, 2025, an aggregate of 49,293,244 ordinary shares, representing 40.63% of the issued and paid-up capital of the company, were transferred to CCL Holding (Private) Limited. This transaction, executed at a price of Rs. 180 per share, adhered strictly to the terms of the Share Purchase Agreement initially dated May 14, 2025, and subsequently amended on July 18, 2025.
The total transaction value is calculated to be approximately Rs. 8.87 billion. This development took place following the receipt of necessary regulatory approvals and the fulfillment of all stipulated conditions outlined in the Share Purchase Agreement. According to information available from the Pakistan Stock Exchange (PSX), the transaction was conducted through the Negotiated Deal Market (NDM), consistent with PSX regulations.
Mitchell’s Fruit Farms Limited, a prominent entity in the market, has seen a major change in its shareholder structure with this transaction. The company’s registered office is located at 72-FCC, Gulberg IV, Lahore. The designated market category under which this transaction falls is the Negotiated Deal Market, reflecting the structured and regulated nature of this significant share transfer.