Karachi: In a recent disclosure, Lucky Cement reported share transactions executed by Yunus Textile Mills Ltd., an associated company. The transactions, dated August 18 and August 19, 2025, involve the acquisition of a substantial number of shares, totaling 220,000.
According to the detailed disclosure, Yunus Textile Mills Ltd. purchased 38,000 shares at a price of 407.74 per share on August 18, followed by an additional acquisition of 182,000 shares at 424.90 per share on August 19. Both transactions were conducted in the ready market category and utilized Central Depository Company (CDC) share certificates.
The company has confirmed that these transactions will be reviewed in the forthcoming board meeting. According to information available from the Pakistan Stock Exchange (PSX), the nature of these transactions reflects a strategic move within the associated company’s investment portfolio.
This buying activity by Yunus Textile Mills Ltd. marks a very large or significant move, indicating a notable interest in Lucky Cement shares. The transactions represent a significant capital infusion into the company, with the total value of shares purchased amounting to over 92.00 million.
The disclosure of these transactions underscores the ongoing financial maneuvers within associated entities of Lucky Cement, setting the stage for potential discussions and decisions in their imminent board meeting.