Independent Director of Beco Steel Limited Executes Share Transactions

Karachi: Beco Steel Limited disclosed details of recent share transactions conducted by its Independent Director, Khawaja Gul Muhammad. The company made this announcement on April 10, 2026, in compliance with Pakistan Stock Exchange Regulation 5.5.4, which mandates the disclosure of interests by relevant persons holding company shares.

According to the disclosure, Khawaja Gul Muhammad engaged in two separate transactions involving the purchase of company shares. On April 9, 2026, he acquired 6,000 shares at a rate of 4.84 per share through the Central Depository Company (CDC). This transaction marked the initial accumulation of shares under his name. Following this, on April 10, 2026, he purchased an additional 19,000 shares at a rate of 4.85 per share, bringing his total holdings to 25,000 shares.

The cumulative percentage of shares held by Khawaja Gul Muhammad remains at 0.00%, indicating no significant shift in ownership stakes. According to information available from the Pakistan Stock Exchange (PSX), these transactions fall under the designated market category, ensuring transparency and compliance with regulatory requirements.

This disclosure forms part of the ongoing obligation of Beco Steel Limited to maintain transparency in its operations and provide stakeholders with pertinent information regarding changes in shareholding patterns among its key personnel.