Lahore: A recent transaction involving shares of Millat Tractors Limited has been disclosed, highlighting a significant acquisition by a family member of an independent director, according to regulatory requirements. The transaction, executed under the Pakistan Stock Exchange's regulations, underscores transparency in the dealings of public company executives and their relatives.

On May 7, 2026, Adil Umar Bandial, the spouse of Zara Salman Bandial, who serves as an independent director at Millat Tractors Limited, executed a purchase of 3,650 shares. The transaction was conducted in the ready market at a rate of 542.008650 per share. According to information available from the Pakistan Stock Exchange (PSX), this acquisition did not alter the cumulative percentage of shares held, which remained at 0.00%.

This disclosure falls under the PSX Regulation 5.6.4, which mandates the reporting of transactions by directors, executives, and their immediate family members. The regulation aims to ensure that all stakeholders are informed of significant share dealings that might influence the company's governance dynamics.

Millat Tractors Limited operates within the designated market category of the Pakistan Stock Exchange, where it is subject to rigorous compliance and disclosure norms. This latest transaction is part of ongoing efforts to maintain transparency and uphold investor confidence in the company’s corporate governance practices.