Chairman of Tandlianwala Sugar Mills Ltd. Increases Stake Through Series of Share Purchases

Karachi: Tandlianwala Sugar Mills Ltd. has disclosed a series of share purchases executed by its Chairman, Mr. Ghazi Khan, according to a regulatory filing. The transactions, which were conducted on May 6, 2025, indicate a strategic move to consolidate ownership in the company.

The disclosure, made under Section 5.6.4 of the Pakistan Stock Exchange (PSX) Regulations, outlines several transactions involving Mr. Khan. According to the filing, Mr. Khan purchased a total of 3,855 shares through the Central Depository Company (CDC). The purchases were executed at varying rates, ranging from 94.99 to 99.00 per share.

The cumulative shareholding of Mr. Khan after these transactions stands at 25,006,488 shares, representing a 21.24 percent stake in the company. According to information available from the Pakistan Stock Exchange (PSX), this series of transactions reflects an ongoing interest from Mr. Khan in increasing his influence within the company.

The transactions have been communicated to the Trading Rights Entitlement (TRE) Certificate Holders of the Exchange, as required by the regulatory framework. Tandlianwala Sugar Mills Ltd. operates within the designated market category of the food and beverage sector.

This disclosure may signal further strategic developments within the company as Mr. Khan solidifies his position with an increased shareholding.