Karachi: TWF Holding L.L.C-FZ, a substantial shareholder of ZIL Limited, has executed a noteworthy transaction involving the acquisition of shares in the company, according to a formal disclosure made under the Pakistan Stock Exchange (PSX) Regulation 5.6.4.
The transaction, which took place on May 12, 2025, was conducted in the Negotiated Deal Market (NDM) and involved the purchase of 5,194,514 shares at a rate of 297.50 per share. This acquisition brings the total number of shares held by TWF Holding L.L.C-FZ to 5,194,514, representing a cumulative ownership percentage of 84.84% in ZIL Limited.
ZIL Limited, a notable entity in the designated market category, witnessed this substantial increase in shareholding as part of the disclosure made by relevant persons under the PSX regulations. According to information available from the Pakistan Stock Exchange (PSX), the acquisition underscores the significant stake TWF Holding L.L.C-FZ maintains in the company.
This development is part of the ongoing regulatory requirement for substantial shareholders, directors, executives, and their immediate family members to disclose their interests in company shares, ensuring transparency and compliance with the PSX standards. The transaction highlights the strategic movements within the shareholding structure of ZIL Limited.