Lahore: Nishat Chunian Limited announced a notable transaction involving the inheritance of shares by a key figure within the company, as per the mandatory disclosure requirements of the Pakistan Stock Exchange (PSX). On December 30, 2025, Mr. Shahzad Saleem, a non-executive director at Nishat Chunian Limited, inherited a substantial number of shares, marking a significant event in the company's shareholder dynamics.
According to the disclosure, the transaction involved the inheritance of 2,323,116 shares by Mr. Saleem. This addition brings his cumulative shareholding in the company to 90,231,133 shares. This represents 37.58% of the company's total shares, maintaining his substantial influence as a major shareholder.
According to information available from the Pakistan Stock Exchange (PSX), this transaction by Mr. Saleem, categorized under the 'inheritance' nature of transaction, did not alter the cumulative percentage of his shareholding, which remains at 37.58%. The percentage change is classified as no change, indicating the stability in his shareholding proportion.
The transaction underscores the significant shareholding held by Mr. Saleem, reflecting his continued commitment and interest in the operational and strategic direction of Nishat Chunian Limited. The company remains under keen observation by market analysts, with this development being a focal point for stakeholders and investors alike within the designated market category.