Karachi, August 18, 2026: Bank Makramah Limited has disclosed a significant capital support initiative under which its sponsor, His Excellency Nasser Abdullah Hussain Lootah, has proposed injecting PKR 10 billion into the bank.
According to a material information disclosure submitted to the Pakistan Stock Exchange (PSX), the Board of Directors of Bank Makramah approved the investment proposal at its 159th meeting held on August 18, 2026. The proposal involves the sponsor depositing PKR 10 billion into the bank under agreed terms.
The bank said its Board has authorized the President and CEO to execute an agreement with the sponsor. Under the proposed arrangement, the PKR 10 billion will initially be recorded as an Advance Against Share Subscription until the required regulatory and corporate approvals are secured for the issuance of shares to the sponsor.
The proposed capital injection represents an important step for Bank Makramah as it seeks to strengthen its financial position and support its future business operations. The transaction, however, remains subject to the completion of the applicable regulatory and corporate approval process.
Bank Makramah also stated that the information may be disseminated to the TRE certificate holders of the Pakistan Stock Exchange in accordance with the applicable requirements.
The disclosure was signed by Assad Rabbani, Company Secretary, on behalf of Bank Makramah Limited. The letter was addressed to the General Manager of the Pakistan Stock Exchange and copied to relevant officials at the Securities and Exchange Commission of Pakistan (SECP) and the State Bank of Pakistan (SBP).
