OGDC's entire BESOS trust shareholding transferred back to GoP

MG News | July 09, 2026 at 01:01 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

July 09, 2026 (MLN): The entire shareholding of 432,189,039 ordinary shares of Oil and Gas Development Company Limited (PSX:OGDC), held under the Benazir Employees Stock Option Scheme (BESOS) Employees Empowerment Trust, has been transferred back to the Government of Pakistan (GoP), pursuant to the Supreme Court's decision.

Following the transfer, the GoP's direct shareholding in the company has increased from 67.48% to 77.53%.

The transfer was executed, bringing the cumulative shares held by the President of the Islamic Republic of Pakistan to 3,334,337,220, representing 77.53% of the company.

Details of the transaction are as follows:

Sr. No.	Name	Date of Transaction	Price per Share	Nature of Transaction	Number of Shares	Form of Share Certificate	Cumulative Shares Owned
1	The President, Islamic Republic of Pakistan	08-07-2026	0.00	Transfer In	432,189,039	Physical	3,334,337,220 (77.53%)

The aforementioned information was disseminated through a notification to Exchange.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	162,374.88 110.96M	-0.95% -1549.44
ALLSHR	98,620.11 386.58M	-0.91% -906.77
KSE30	47,823.16 51.47M	-1.02% -490.65
KMI30	232,733.99 57.93M	-1.23% -2903.19
KMIALLSHR	63,955.68 197.75M	-1.12% -727.41
BKTi	44,724.17 14.61M	-1.01% -457.04
OGTi	33,033.72 5.00M	-1.08% -361.88

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	80,785.00	81,450.00 80,440.00	-420.00 -0.52%
BRENT CRUDE	117.38	117.45 112.74	4.21 3.72%
RICHARDS BAY COAL MONTHLY	128.50	0.00 0.00	-1.10 -0.85%
ROTTERDAM COAL MONTHLY	147.10	0.00 0.00	1.10 0.75%
USD RBD PALM OLEIN	1,182.50	1,182.50 1,182.50	0.00 0.00%
CRUDE OIL - WTI	103.44	103.92 98.84	3.97 3.99%
SUGAR #11 WORLD	20.26	20.51 20.02	0.13 0.65%