Karachi: Weavers Pakistan (Pvt) Limited, a substantial shareholder in Bawanyair Products Limited, has executed a series of transactions impacting its shareholding in the company. The transactions were disclosed as per the Pakistan Stock Exchange (PSX) Regulation 5.6.4, dated May 20, 2026.
The series of transactions began on May 14, 2026, when Weavers Pakistan (Pvt) Limited sold 43,565 shares in the ready market at a rate of 36, resulting in a cumulative shareholding of 3.26 million shares, representing 43.44% of the company’s shares.
According to information available from the Pakistan Stock Exchange (PSX), a significant move occurred on May 15, 2026, when Weavers Pakistan (Pvt) Limited executed a non-deliverable market (NDM) purchase of 370,293 shares at a rate of 33. This increased their shareholding to 3.63 million shares, representing 48.38% of the company’s total shares.
Subsequently, on the same day, Weavers Pakistan (Pvt) Limited also sold an identical number of shares, 370,293, in the NDM at the same rate of 33, reducing their cumulative shareholding back to 3.26 million shares, maintaining a 43.44% stake.
Later on May 15, 2026, another sale transaction was executed by Weavers Pakistan (Pvt) Limited in the ready market, involving 86,142 shares at a rate of 33. This further adjusted their holding to 3.17 million shares, accounting for 42.29% of Bawanyair Products Limited’s shares.
These transactions reflect the active position of Weavers Pakistan (Pvt) Limited within the designated market category, as they continue to adjust their stake in Bawanyair Products Limited.