Pakgen Power Limited Director Discloses Substantial Shareholder’s Purchase of 600,000 Shares

Karachi, Pakgen Power Limited Director has made a disclosure regarding the purchase of shares by a substantial shareholder. The transaction took place on May 24, 2023, and involved NISHAT MILLS LIMITED, a significant stakeholder in the company.

According to the disclosure, Nishat Mills Limited acquired 600,000 shares of Pakgen Power Limited. The shares were purchased at a rate of 35.00 per share, and the transaction was conducted through the Central Depository Company (CDC). The shares are in the form of share certificates and were acquired from the market.