Karachi: Itanz Technologies Limited has disclosed a significant transaction involving its substantial shareholder, Muhammad Ismail Ajmal, in compliance with Pakistan Stock Exchange (PSX) Regulation 5.6.4. The report, dated August 5, 2026, details the allocation of bonus shares to Ajmal.

On July 23, 2026, Muhammad Ismail Ajmal was granted 1,353,574 bonus shares at a rate of 0.00 per share. This allocation increased his cumulative holdings to 16,393,290 shares, representing a 14.00% stake in the company. According to information available from the Pakistan Stock Exchange (PSX), the transaction is part of standard disclosure requirements for significant movements in shareholdings by relevant persons.

The transaction did not involve any monetary exchange but resulted in a big move in the percentage of shares owned by the substantial shareholder. Ajmal's shareholding reflects a significant portion of the company's equity, highlighting his influence within Itanz Technologies Limited.

The disclosure is categorized under the designated market category, ensuring transparency and maintaining investor trust in the company’s operational and financial dealings.