Karachi: Century Paper & Board Mills Limited has reported a significant transaction involving the purchase of shares by a non-executive director, as detailed in a disclosure under Pakistan Stock Exchange Regulation 5.6.4. The transaction was executed on May 4, 2026, and is part of the ongoing transparency measures required by the market.

According to the disclosure, Mr. Iqbal Ali Lakhani, a non-executive director of the company, purchased 750,000 shares in the ready market. The shares were acquired at a rate of Rs. 28.04 each. Following this transaction, Mr. Lakhani’s cumulative holding stands at 5.67 million shares, representing a 1.41% stake in the company. This moderate move in shareholding highlights the director’s investment confidence in the company’s future prospects.

According to information available from the Pakistan Stock Exchange (PSX), these disclosures are crucial for ensuring transparency and maintaining investor confidence in the stock market. The purchase reflects the director’s strategic interest in aligning with the company’s growth trajectory.

Century Paper & Board Mills Limited operates within the designated market category of industrials, focusing on the production and distribution of paper and board products. The recent purchase by Mr. Lakhani is likely to be monitored closely by market analysts and investors, given the potential implications for the company’s strategic direction and stock performance.