Karachi: Jahangir Siddiqui Securities Services Limited has increased its stake in Jahangir Siddiqui & Co. Ltd. through the acquisition of 6,685,000 ordinary shares. This transaction, completed on May 2, 2025, brings the total shareholding of Jahangir Siddiqui Securities Services Limited in its parent company to 408,825,124 ordinary shares, representing a 44.63% cumulative shareholding percentage.

The shares were purchased at a price of Rs. 23.00 per share, and the transaction was executed in electronic form through the Central Depository Company (CDC). The purchase was conducted through the Negotiated Deal Market (NDM), as per the requirements under clause 5.6.4 of the Rule Book of the Pakistan Stock Exchange Limited.

According to information available from the Pakistan Stock Exchange (PSX), this transaction is in compliance with the disclosure requirements under the PSX Rule Book and the Securities Act, 2015. The acquisition reflects Jahangir Siddiqui Securities Services Limited's strategic move to consolidate its position within the designated market category of its parent company, Jahangir Siddiqui & Co. Ltd.