Lahore: On October 28, 2026, Millat Tractors Limited disclosed a significant transaction by its Non-Executive Director, Sikandar Mustafa Khan. The transaction was reported as part of the regular disclosures required under Section 5.6.1.(d) of the Pakistan Stock Exchange (PSX) Regulations, which mandates transparency from directors, executives, and substantial shareholders regarding their share dealings.

According to the report, Sikandar Mustafa Khan acquired 10,000 shares of Millat Tractors Limited at a rate of 280.94 per share. This purchase was executed in the ready market on October 27, 2026. The acquisition increases Khan's cumulative holding in the company to 22.12 million shares, representing a 5.54% stake in the company.

According to information available from the Pakistan Stock Exchange (PSX), the transaction is part of the ongoing regulatory compliance by listed companies to ensure accountability and transparency in the dealings of their top executives and substantial shareholders.

Millat Tractors Limited, a prominent entity in the market category of agricultural machinery manufacturing, continues to maintain its corporate governance standards by adhering to the PSX's disclosure requirements. The purchase by Khan is noted as a substantial move, reflecting confidence in the company's future prospects.