Lahore: Millat Tractors Limited has divulged a significant transaction involving the purchase of company shares by a non-executive director, Sikandar Mustafa Khan. The disclosure, mandated under section 5.6.1.(d) of the Pakistan Stock Exchange (PSX) Regulations, was formally reported on October 15, 2026.
The transaction, executed on October 14, 2026, involved Sikandar Mustafa Khan acquiring 10,000 shares at a rate of 297.71 per share. This purchase increased Khan's cumulative shareholding to 22.10 million shares, representing a 5.54% interest in Millat Tractors Limited.
According to information available from the Pakistan Stock Exchange (PSX), this development reflects a proactive engagement by a key stakeholder in the company, potentially signaling confidence in the firm's market positioning and future prospects.
Millat Tractors Limited operates within the designated market category of industrial engineering, focusing on the manufacturing and sale of agricultural tractors, machinery, and components.