Karachi: Cherat Cement Company Limited, a major stakeholder in Cherat Packaging Limited, disclosed a significant transaction involving the acquisition of additional shares in the company, according to a report dated July 31, 2026.

The transaction, executed on July 30, 2026, involved the purchase of 71,000 shares at a rate of 100.1418 per share. These shares are held in the Central Depository Company (CDC) form. This acquisition has increased Cherat Cement’s cumulative shareholding in Cherat Packaging Limited to 6,307,504 shares, representing 12.85% of the total shares.

According to information available from the Pakistan Stock Exchange (PSX), Cherat Cement Company Limited's transaction is categorized as a big move given the substantial increase in their shareholding percentage. This strategic move underscores Cherat Cement's continued interest in strengthening its position within the packaging sector, which falls under the designated market category of industrial goods.

The transaction is part of Cherat Cement’s broader strategy to consolidate its holdings in Cherat Packaging Limited, reflecting confidence in the company's operational performance and future growth prospects.