Karachi: Meezan Bank Limited has announced a series of share transactions executed by Generation’s School (Pvt.) Limited, which are in compliance with Regulation 5.6.4 of the Pakistan Stock Exchange (PSX) Rule Book. The disclosure, dated March 12, 2026, outlines the acquisition of shares by the school, where Mr. Irfan Siddiqui, a Non-Executive Director of Meezan Bank, holds a 33.33% stake.

The transactions involved the purchase of shares in the bank’s ready market. According to information available from the Pakistan Stock Exchange (PSX), four separate transactions were carried out, all of which involved the purchase of shares with no change in the cumulative percentage shareholding.

In the first transaction, Generation’s School acquired 11,896 shares at a rate of KR 463.00 per share, marking the cumulative shareholding at 11,896 shares or 0%. The subsequent transactions saw the purchase of 427 shares at KR 464.89, 3,090 shares at KR 464.99, and 12,587 shares at KR 465.00, resulting in a total cumulative holding of 28,000 shares, still reflecting 0% change.

These transactions are part of the routine disclosures required under the PSX regulations, ensuring transparency and compliance in the market.