Karachi: Pakistan Synthetics Limited has disclosed a recent transaction involving its Executive Director, Noman Yakoob, who has increased his shareholding in the company. This transaction was executed in accordance with Pakistan Stock Exchange Regulation 5.6.4, which mandates the disclosure of interest by relevant persons holding company shares.

On April 30, 2025, Noman Yakoob purchased 720 shares of Pakistan Synthetics Limited at a rate of 42.50 per share. This acquisition has increased his cumulative shareholding to 32,829,109 shares, representing a 23.67 percent stake in the company. The market category for this transaction was the ready market.

According to information available from the Pakistan Stock Exchange (PSX), such disclosures are essential for maintaining transparency and investor confidence in the trading activities of company executives and substantial shareholders. The transaction details were documented in compliance with the relevant regulations, ensuring that all stakeholders are informed of significant changes in shareholdings.

Pakistan Synthetics Limited continues to operate within the regulatory framework set by the PSX, and this latest transaction reflects the ongoing engagement of its executive leadership in the company's equity.