Karachi: Substantial shareholder transactions have been reported at Gatron (Industries) Limited, involving major movements in the company's stock. The transactions were disclosed under the Pakistan Stock Exchange (PSX) regulation 5.6.4, which mandates the declaration of interests by directors, executives, and substantial shareholders.
On June 27, 2025, Nova Frontiers Limited, a substantial shareholder of Gatron (Industries) Limited, executed a sale of 31.90 million shares at a rate of 133.00 per share. This transaction resulted in Nova Frontiers Limited holding no shares in the company post-sale. In a corresponding move, Novatex Limited, also a substantial shareholder, purchased the same number of shares, amounting to a cumulative holding of 31.90 million shares, representing 29.33% of the company's shareholding.
The transactions were executed through the National Depository Market (NDM) with Central Depository Company (CDC) share certificates. According to information available from the Pakistan Stock Exchange (PSX), these movements represent a very large or significant move in the company's shares, reflecting substantial shifts in shareholder positions.
Gatron (Industries) Limited's market activities are closely monitored, given its position in the designated market category. The recent transactions highlight the dynamic nature of shareholder interests within the company.