Weavers Pakistan Acquires Over Three Million Shares in Bawany Air Products

Karachi: In a recent transaction disclosed under the Pakistan Stock Exchange's (PSX) Regulation 5.6.4, Weavers Pakistan (Pvt) Limited has acquired a substantial number of shares in Bawany Air Products Limited. This transaction, executed as a part of the market's Non-Deliverable Market (NDM) on August 17, 2026, adds significant weight to the company's shareholding portfolio.

On August 19, 2026, Bawany Air Products Limited filed a report indicating that Weavers Pakistan (Pvt) Limited, a substantial shareholder, purchased 3,033,000 shares at a rate of 30.3 per share. This acquisition has resulted in Weavers Pakistan holding a total of 3,033,620 shares, which accounts for 40.43% of the company's cumulative shareholding.

According to information available from the Pakistan Stock Exchange (PSX), this transaction has marked a very large or significant move in the ownership structure of Bawany Air Products Limited. The designated market category for this transaction was the Non-Deliverable Market (NDM), highlighting the specific nature of the share certificate's form, which was handled through the Central Depository Company (CDC).

The transaction underscores Weavers Pakistan's strategic interest in Bawany Air Products Limited, thereby consolidating its position and influence within the company's operational framework.