Lahore: Agritech Limited has announced a significant transaction involving its shares, executed by Maple Leaf Cement Factory Limited, a substantial shareholder in the company. This update was shared as part of a disclosure required under the Pakistan Stock Exchange (PSX) Regulation 5.6.4.

On May 8, 2025, Maple Leaf Cement Factory Limited converted preference shares into ordinary shares, resulting in the acquisition of 55,571,094 additional shares at a rate of 5.79 per share. This transaction has increased Maple Leaf Cement Factory Limited's cumulative shareholding in Agritech Limited to 201.66 million shares, representing 33.66% of the total shares.

According to information available from the Pakistan Stock Exchange (PSX), with this transaction, Maple Leaf Cement Factory Limited, along with its group entity, now holds a collective stake of 43.51% in the ordinary shares of Agritech Limited. This increase in shareholding underscores the company's strategic interest in Agritech Limited within the designated market category.

The conversion of shares and the resulting change in shareholding percentages highlight the active engagement of substantial shareholders in Agritech Limited. The transaction details were disclosed as part of the regulatory compliance requirements, ensuring transparency in the dealings of significant stakeholders in the company.