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Consortium Plans to Acquire Controlling Stake in Bank Makramah

Bank Makramah Limited has received a firm intention from a consortium led by DM Holdings Limited to acquire a significant shareholding in the bank, according to a disclosure submitted to the Pakistan Stock Exchange on Thursday.

The proposed transaction could lead to a notable change in the bank’s ownership structure if completed.

In its notice to the exchange, Bank Makramah said the consortium has expressed its intention to acquire voting shares beyond the threshold prescribed under Section 111 of the Securities Act, 2015. The bank informed investors that the proposal had been placed before its board of directors on June 11, 2026.

The disclosure was made under the Listed Companies (Substantial Acquisition of Voting Shares and Takeovers) Regulations, 2017, which govern significant share acquisitions and takeover transactions involving publicly listed companies in Pakistan.

While the filing did not disclose the size of the proposed acquisition, transaction value, or the identities of other consortium members, the notification indicates that the planned purchase would exceed regulatory thresholds requiring public disclosure and compliance with takeover regulations.

The Pakistan Stock Exchange was requested to disseminate the information to shareholders through its notification system and official notice board. Further details regarding the proposed acquisition are expected to emerge as the transaction progresses through the regulatory process.



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