Karachi: In an unfolding development at Colgate-Palmolive (Pakistan) Ltd, recent transactions involving company shares have come to light, underscoring the shifting interests of key figures within the organization. The disclosure, dated September 17, 2025, pertains to movements by directors and executives within the company, as per PSX Regulation 5.6.4.
The transactions were executed by Iqbal Ali Lakhani, a director of the company, and Zulfiqar Ali Lakhani, who serves as both director and chief executive. On September 16, 2025, Iqbal Ali Lakhani gifted 60,000 shares, moving his cumulative shareholding to 6,870 shares, representing 0.003% of the total. Meanwhile, Zulfiqar Ali Lakhani received the same number of shares as a gift, elevating his cumulative shareholding to 67,916 shares, which now constitutes 0.028% of the overall shares.
According to information available from the Pakistan Stock Exchange (PSX), these transactions highlight internal share movements within the company, reflecting strategic realignments of shareholding among the top echelons of Colgate-Palmolive (Pakistan) Ltd. The designated market category for these transactions is ‘Electronic (CDC)’, signifying their execution in digital form through the Central Depository Company.
These movements come as part of regular disclosures required by the PSX, ensuring transparency in the dealings of substantial shareholders and executives associated with listed companies.