Muhammad Najam Ali, Hanna Khan and Muhammad Zulqarnain Mahmood Khan entered into an agreement to acquire an 15% stake in Next Capital Limited (KASE:NEXT) on June 22, 2021. In a related transaction, Muhammad Najam Ali, Hanna Khan and Muhammad Zulqarnain Mahmood Khan launched an offer to acquire an additional 27.53% stake in Next Capital Limited. As a part of the agreement 7.42 million shares will be acquired. Acquirers already holds 29.95% stake in Next Capital Limited. The transactions are subject to regulatory approvals including securities and exchange commission of Pakistan. Alfalah CLSA Securities (Private) Limited acted as a manager and financial adviser to Next Capital.