Substantial Shareholder Gifts Shares in Itanz Technologies Limited

Karachi: An important transaction involving the shares of Itanz Technologies Limited has been executed by a substantial shareholder, according to a disclosure report dated August 6, 2026.

The report reveals that Muhammad Ismail Alam, a substantial shareholder in Itanz Technologies Limited, has gifted a total of 5.00 million shares. This transaction, categorized under the 'GIFT OUT' nature, was executed on July 27, 2026. The shares were transferred in the form of CDC (Central Depository Company) certificates.

The cumulative number of shares held by Muhammad Ismail Alam after this transaction stands at 11.39 million, representing a cumulative percentage of 9.61% of the company's total shares.

According to information available from the Pakistan Stock Exchange (PSX), the transaction reflects the financial activities of significant stakeholders within the market, highlighting the dynamics of shareholding changes in publicly listed companies.

This development is part of the designated market category concerning the disclosure of interest by relevant persons holding shares under specific regulatory provisions. The ongoing shareholding changes are closely monitored by the market participants and regulatory bodies to ensure transparency and compliance with existing regulations.