Karachi: Siemens AG-Germany, a substantial shareholder of Siemens (Pakistan) Engineering Company LTD., has increased its shareholding in the company, as disclosed under Pakistan Stock Exchange (PSX) regulation 5.6.4. The transaction, executed on September 4, 2025, involved the purchase of 500 shares by the German multinational.
The acquisition of shares was carried out in the ready market, with the cumulative number of shares now held by Siemens AG-Germany reaching a significant level. The transaction was categorized as a big move, reflecting a notable change in the shareholding pattern of the company.
According to information available from the Pakistan Stock Exchange (PSX), it is mandatory for the company to present such transactions executed by directors, CEO, executives, substantial shareholders, their spouses, and minors to the Board of Directors. The meeting immediately following such transactions will include this disclosure, as detailed in the company’s correspondence manual.
The regulations also stipulate that the holding period for such transactions should exceed six months. If the transaction occurs within a six-month period, it requires a profit-equivalent cheque to be deposited with the Securities and Exchange Commission of Pakistan (SECP), with due intimation to the PSX.
Siemens (Pakistan) Engineering Company LTD. is categorized under the designated market category of engineering. The company is required to update the requisite details in the UIN Management System promptly.