Karachi: In a move indicating stable investor confidence, Mr. Javed Ahmed, an executive at Meezan Bank Limited, has increased his stake in the company through recent share acquisitions. The transactions were disclosed under the Pakistan Stock Exchange (PSX) Regulation 5.6.4, which mandates transparency among relevant persons holding company shares.

The transactions, executed on July 24, 2025, involved Mr. Ahmed purchasing a total of 1,000 shares of Meezan Bank Limited. The purchases were made in two separate transactions; the first involved the acquisition of 93 shares at a rate of PKR 352.00 per share, while the second involved 907 shares at PKR 352.50 per share. These transactions have resulted in a cumulative shareholding of 72,773 shares by Mr. Ahmed. The purchases are classified as a Minor move in terms of percentage change in the executive's shareholding.

According to information available from the Pakistan Stock Exchange (PSX), these transactions do not alter Mr. Ahmed's percentage shareholding, reflecting continuity in his investment approach. The designated market category for the shares is CDC Ready.

The disclosure of these transactions aligns with the regulatory requirements and serves as an indicator of the executive's confidence in the bank's future prospects. The acquisition comes amidst a period of market stability for Meezan Bank, signaling steady investor sentiment.