⚡ Flash Summary
On October 31, 2025, Century Paper & Board Mills Limited announced the disclosure of interest by a relevant person, Mr. Iqbal Ali Lakhani (Non-Executive Director), holding company shares under PSX Regulation 5.6.4. Mr. Lakhani purchased 600,000 shares on October 29, 2025, at a rate of Rs. 26.10 per share, resulting in a cumulative percentage of 0.150%. Subsequently, on October 30, 2025, he purchased an additional 900,000 shares at Rs. 26.50 per share, bringing his total cumulative percentage to 0.374%. This indicates an increased stake in the company by a non-executive director.
📌 Key Takeaways
- 📢 Mr. Iqbal Ali Lakhani, a Non-Executive Director, increased his stake in Century Paper & Board Mills Limited.
- 🗓️ Two transactions occurred on October 29 and 30, 2025.
- 📈 On 29/10/2025, 600,000 shares were purchased at Rs. 26.10 per share.
- 💰 The total value of the first purchase was Rs. 15,660,000 (600,000 * 26.10).
- 📊 This initial purchase resulted in a cumulative percentage of 0.150%.
- 📈 On 30/10/2025, 900,000 shares were purchased at Rs. 26.50 per share.
- 💰 The total value of the second purchase was Rs. 23,850,000 (900,000 * 26.50).
- 📊 The second purchase increased the cumulative percentage to 0.374%.
- 📜 The transactions are disclosed under PSX Regulation 5.6.4.
- 🏢 Century Paper & Board Mills Limited made the announcement.
- 💼 The form of share certificate is CDC.
- ✔️ The market for these transactions is ‘Ready’.
- 💲 The total number of shares purchased is 1,500,000 (600,000 + 900,000).
🎯 Investment Thesis
HOLD. The disclosure indicates a non-executive director’s increased stake, which is a mildly positive signal, but insufficient to warrant a change in investment recommendation without further analysis. The price target and time horizon will depend on the company’s overall financial performance and market conditions.
Disclaimer: AI-generated analysis. Not financial advice.