Karachi: Tandlianwala Sugar Mills Ltd, a prominent player in the sugar industry, has reported a series of share transactions undertaken by its Chairman, Mr. Ghazi Khan, as part of regulatory compliance with the Pakistan Stock Exchange (PSX) regulations. The transactions, conducted on May 7, 2025, involved the purchase of 770 shares in total, executed through the Central Depository Company (CDC).
According to the details disclosed, Mr. Ghazi Khan executed nine separate transactions on the same day, purchasing shares at varying rates between 100.00 and 108.90 Pakistani Rupees. This strategic move has increased Mr. Khan's cumulative shareholding in the company to 25,009,277 shares, constituting 21.25% of the total shares.
The transactions were conducted under the designated market category, with Mr. Khan acquiring shares in multiple tranches. The largest single transaction involved the purchase of 200 shares at a rate of 108.70 Pakistani Rupees, while the smallest was a purchase of a single share at 105.43 Pakistani Rupees. Each transaction, regardless of its size, contributed to the gradual increase in his overall stake.
According to information available from the Pakistan Stock Exchange (PSX), the disclosure of these transactions is part of the mandatory requirements for directors, executives, and substantial shareholders to report any change in their shareholding. This ensures transparency and keeps the market informed about significant movements in company ownership.
The transactions by Mr. Khan indicate a continued interest and investment in the operational and financial prospects of Tandlianwala Sugar Mills Ltd. With this increased stake, Mr. Khan reinforces his position and influence within the company, aligning with the firm's strategic objectives and growth trajectory.
The company has ensured that all TRE Certificate Holders of the Exchange are duly informed about these transactions, adhering to the regulations set forth by the PSX.