Karachi: In a significant development concerning the shareholding structure of Pakistan Aluminium Beverage Cans Limited (PABC), recent changes in share acquisitions have led to adjustments in the voting power of its directors and substantial shareholders. According to the report dated October 8, 2026, Liberty Mills Limited and Liberty Power Tech Limited have increased their stakes in PABC, impacting the indirect voting power of key individuals linked to these entities.
Liberty Mills Limited has acquired a total of 7,702,068 shares in PABC, which includes a recent acquisition of 154,500 shares on October 1, 2026. Meanwhile, Liberty Power Tech Limited holds a more substantial stake with 15,039,115 shares in the company.
As a result of these transactions, the directors and substantial shareholders of PABC have reported updated figures concerning their direct and indirect shareholdings. Mr. Zain Ashraf Mukaty, CEO and Director, now holds a direct shareholding of 74,129,370 shares, equating to 20.5283% of the company's voting power. His indirect voting power through corporate shareholding stands at 4,720,655 shares or 1.3073%, culminating in a total voting power of 78,850,025 shares or 21.8356%.
Similarly, Director Mr. Ahmed Ashraf Mukaty's shareholding mirrors that of Mr. Zain Ashraf Mukaty, with identical figures in both direct and indirect voting power, resulting in an equivalent total voting power.
Mr. Temoor Ashraf Mukaty, categorized as a substantial shareholder, holds a direct shareholding of 74,128,983 shares, representing 20.5282% of voting power. His indirect voting power through corporate holdings is consistent with the other directors at 4,720,655 shares or 1.3073%. This aggregates his total voting power to 78,849,638 shares or 21.8355%.
According to information available from the Pakistan Stock Exchange (PSX), these transactions by Liberty Mills Limited and Liberty Power Tech Limited have led to a realignment of indirect shareholding proportions. The changes reflect a strategic consolidation of influence within PABC by its associated companies. The designated market category for these transactions remains within the realm of miscellaneous information, with a focus on changes in voting power dynamics among directors and substantial shareholders.