Islamabad: Pakistan Services Limited (PSEL) has disclosed that Mr. Dawood Jan Mohammad has acquired 28% of the company's voting shares, a significant move in the market. This information was revealed in a letter dated July 15, 2025, which was made public in compliance with Section 96 of the Securities Act, 2015, and relevant regulations of the Pakistan Stock Exchange (PSX).

The acquisition marks a very large or significant move in the shareholding structure of Pakistan Services Limited. The company, known for its extensive involvement in hospitality and related services, has seen its shares consolidate significantly under Mr. Mohammad's acquisition. The letter detailing this transaction was addressed to PSEL and is expected to impact the market dynamics given the substantial percentage of shares involved.

According to information available from the Pakistan Stock Exchange (PSX), the acquisition was disclosed as per regulatory requirements, ensuring transparency and adherence to the legal framework. The PSX has been requested to disseminate this information promptly to its members, reflecting the importance of this transaction in the designated market category.

The disclosure highlights the ongoing activities and interest in Pakistan Services Limited, reflecting investor confidence and potential strategic shifts within the company. As the market responds to this development, stakeholders will be closely monitoring any subsequent changes in the company's operations and strategic direction following Mr. Mohammad's significant acquisition.