Crescent Star Insurance lifts Bawanyair stake to 49.35%
What's the deal? Crescent Star Insurance LimitedDealroom has a profile for this one. Try Dealroom → acquired 3,033,830 shares in Bawanyair Products LimitedDealroom has a profile for this one. Try Dealroom →, raising its holding to 3,702,674 shares, or a 49.35% stake. The purchase was made on July 30, 2026, at a rate of 30 per share and disclosed to the Pakistan Stock ExchangeDealroom has a profile for this one. Try Dealroom → on August 4, 2026.
Why now? The transaction was executed through the Central Depository Company in the Negotiated Deal Market and reported under PSX Regulation 5.6.4, which governs disclosures by substantial shareholders.
The signal: The move marks a significant shift in Bawanyair's ownership structure and, per the Pakistan Stock Exchange, affects the company's designated market category — pushing Crescent Star Insurance close to majority control.
Read more: Pakistan Company News
Image credit: Generated with Gemini
