Weavers Pakistan (Pvt) Ltd has disclosed a series of share transactions involving its investment in Dost Steels Limited in accordance with Pakistan Stock Exchange (PSX) Regulation 5.6.4.
According to the disclosures submitted to Dost Steels Limited, Weavers Pakistan executed multiple share purchases during April and May 2026. The transactions included acquisitions through both the Negotiated Deal Market (NDM) and the Ready Market, demonstrating the company’s continued engagement with the steel sector investment.
On April 22, 2026, Weavers Pakistan purchased 32.5 million shares through the NDM market at a rate of Rs. 6.72 per share. On the same date, the company acquired an additional 6 million shares through the Ready Market at Rs. 6.45 per share. These transactions increased the company’s cumulative shareholding to approximately 60.3 million shares, representing 13.56% of the total shareholding.
Subsequently, on May 5, 2026, Weavers Pakistan further strengthened its position by purchasing 3 million shares through the Ready Market at Rs. 6.13 per share and an additional 1.55 million shares through the NDM market at Rs. 7.10 per share. Following these acquisitions, the company’s cumulative holding reached approximately 56.3 million shares, accounting for 12.66% of the company’s shares.
A later disclosure dated May 6, 2026, reported the sale of 8.55 million shares through the Ready Market at a price of Rs. 6.52 per share. Following this transaction, Weavers Pakistan’s cumulative shareholding stood at 51.75 million shares, equivalent to 11.64% of the company’s outstanding shares.
These disclosures reflect Weavers Pakistan’s active management of its investment portfolio and provide transparency to shareholders and market participants in line with regulatory requirements established by the Pakistan Stock Exchange.
The notifications were submitted by Muhammad Ali, Chief Executive Officer and Managing Director of Weavers Pakistan (Pvt) Ltd, on behalf of the company.
