Karachi: Several key stakeholders of Karam Ceramics Limited have executed significant transactions, resulting in increased shareholdings within the company, according to recent disclosures. The acquisitions were carried out under the regulations set forth by the Pakistan Stock Exchange (PSX).
On June 16, 2025, Syed Azhar Ali Nasir, Syed Afar Ali Nasir, Suraiya Nasir, and Syed Mazhar Ali Nasir each purchased 78,090 shares of Karam Ceramics Limited through the Central Depository Company (CDC) via Non-Deliverable Market (NDM) transactions. The acquisition rate for these transactions was set at 20.00 per share. This series of transactions has led to each individual holding a cumulative total of 3,608,093 shares, equating to a 24.80% stake in the company.
According to information available from the Pakistan Stock Exchange (PSX), these transactions represent a very large or significant move in terms of percentage change in shareholding, reflecting a notable increase in the interests of these stakeholders within Karam Ceramics Limited.
The market designation for this series of transactions remains a key point of interest, particularly as the shareholding percentage aligns with the substantial shareholder regulations under PSX guidelines. The transactions have been formally communicated to the TRE Certificate Holders of the exchange as per procedural requirements.