Akbar Brothers sells 13.4% Alumex stake for Rs. 1.4 b

Thursday, 4 September 2025 05:48 -     - {{hitsCtrl.values.hits}}

Alumex PLC in a stock exchange filing yesterday said that a shareholder, Akbar Brothers Ltd., disposed 80,169,400 shares or 13.39% of the issued shares of the company in the share market.

The sales took place on 2 September in several tranches, with share prices ranging from Rs. 18 to Rs. 20.10.

The value of shares sold totalled Rs. 1.4 billion.

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