Director Haroon Khan Increases Stake in Tandlianwala Sugar Mills Limited

Tandlianwala: In a series of transactions executed on May 5, 2026, Mr. Haroon Khan, a director at Tandlianwala Sugar Mills Limited, has significantly increased his shareholding in the company. According to the data released under the Pakistan Stock Exchange regulations, Mr. Khan’s purchases have been recorded in compliance with the disclosure requirements mandated for directors and substantial shareholders.

The transactions, executed through the Central Depository Company (CDC), involved the acquisition of a total of 3,670 shares on the open market. Each purchase was made at varying rates, with the highest price per share reaching 331.23. The cumulative shareholding of Mr. Khan after these transactions stands at 25,070,417 shares, representing 21.30% of the company’s total shares.

According to information available from the Pakistan Stock Exchange (PSX), these transactions are part of routine disclosures required under section 5.6.4 of the PSX Regulations. The market category for Tandlianwala Sugar Mills Limited is the designated market category.

As per the detailed breakdown, Mr. Khan acquired 44 shares at 304.00 per share, 2,100 shares at 328.99 per share, 200 shares at 313.99 per share, 1,225 shares at 331.23 per share, 200 shares at 324.00 per share, and a single share at 326.00. These transactions reflect a strategic decision by Mr. Khan to bolster his stake in the company. The percentage change in Mr. Khan’s shareholding remains classified as a very large or significant move, given the volume of shares acquired relative to the total shares outstanding.

The disclosure underscores the transparency obligations that executives and substantial shareholders must adhere to, ensuring that all market participants are informed of material changes in ownership stakes.