DM Holdings-led consortium signals stake acquisition in Bank Makramah

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MG News | June 11, 2026 at 04:54 PM GMT+05:00

June 11, 2026 (MLN): Bank Makramah Limited (PSX: BML) has received a firm intention from a consortium led by DM Holdings Limited to acquire a significant shareholding in the bank, potentially crossing thresholds defined under Pakistan’s securities law.

In a disclosure to the Pakistan Stock Exchange, the bank stated that the acquisition proposal was presented before its board on June 11, 2026, and falls under Regulation 5 of the Listed Companies (Substantial Acquisition of Voting Shares and Takeovers) Regulations, 2017.

The proposed transaction, if completed, would involve acquisition of shares beyond limits prescribed under Section 111 of the Securities Act, 2015, triggering mandatory disclosure requirements.

The development signals renewed consolidation interest in Pakistan’s banking sector, which has seen intermittent merger and acquisition activity amid regulatory tightening and capital restructuring pressures.

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