Karachi: Millat Tractors Limited made a significant announcement regarding a recent share transaction involving its executive, Udassar Idique. According to the disclosure, the transaction took place on March 12, 2026, and involved a transfer of 16,425 shares of the company.

The transaction, categorized as a gift in, did not involve any monetary exchange, with each share valued at 0.00. Following this transfer, the cumulative number of shares held by Udassar Idique now stands at 16,930, representing a cumulative percentage of 0.01%.

According to information available from the Pakistan Stock Exchange (PSX), such disclosures are mandated under PSX Regulation 5.6.4, ensuring transparency in transactions by directors, executives, and substantial shareholders.

The market category for Millat Tractors Limited remains unchanged, as the transaction did not involve the buying or selling of shares at a market price. The company’s adherence to regulatory disclosure requirements highlights its commitment to maintaining transparency in its financial dealings.