Karachi: Siemens AG-Germany, a substantial shareholder of Siemens (Pakistan) Engineering Company Ltd., has recently increased its stake in the company. According to a disclosure filed with the Pakistan Stock Exchange (PSX), the transaction was executed on March 18, 2025.

The disclosure, made under PSX Regulation 5.6.4, detailed the acquisition of 2,962 shares by Siemens AG-Germany. The shares were purchased at a rate of 1,516 per share through a Central Depository Company (CDC) Non-Deliverable Market (NDM) transaction. This acquisition brings Siemens AG-Germany's cumulative holdings in Siemens (Pakistan) Engineering Company Ltd. to 7,651,988 shares, representing a 92.78% stake in the company.

According to information available from the Pakistan Stock Exchange (PSX), the transaction underscores Siemens AG-Germany's continued investment in its Pakistani affiliate, Siemens (Pakistan) Engineering Company Ltd., which operates within the designated market category of engineering and technology.

This development is part of the ongoing activities of major stakeholders in managing their investment portfolios in the rapidly evolving market landscape. The strategic move is anticipated to have implications for the company's operational and financial dynamics, reflecting Siemens AG-Germany's confidence in the prospects of its Pakistani arm.