MRA Securities Limited

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Governance & Compliance

Board of Directors, Sponsors, Committees, and Shareholding Pattern.

Board of Directors

Leadership steering MRA Securities toward growth and transparency.

Executive Director

Mr. Muhammad Farhan

Mr. Muhammad Farhan is a seasoned capital markets professional with extensive and diversified experience in proprietary equity trading, retail client risk management, and high net-worth portfolio mana...

Executive Director

Mr. Muhammad Arif Farooq Qadri

Muhammad Arif Farooq brings over 31 years of distinguished service in Pakistan’s capital markets, having served as Manager – Trading Operations at Pakistan Stock Exchange Limited (PSX). He possesses v...

Independent Director

Mr. Muhammad Haroon

Muhammad Haroon was appointed as an Independent Director of MRA Securities Limited in 2023. He brings practical experience in administration, sales, and customer relationship management. He served as...

Independent Director

Mr. Muhammad Shoaib

Muhammad Shoaib has been serving as an Independent Director of MRA Securities Limited since 2017. He brings administrative and professional experience with exposure to management and taxation matters....

Pattern of Shareholding

June 30, 2025

Distribution of shares among MRA Securities stakeholders.

Name / CategoryShares Held% Stake
Muhammad Farhan (Director)46,124,75536.18%
Muhammad Junaid Rafiq (Sponsor)15,000,00011.76%
Ahmed Rafiq (Sponsor)21,219,23116.64%
Mumtaz Rafiq (Shareholder)14,032,42711.01%
Haji Muhammad (Sponsor)9,513,4627.46%
Hina (Shareholder)21,609,20816.95%
Muhammad Shoaib (Independent Shareholder)2470%
Muhammad Haroon (Independent Shareholder)1700%
Muhammad Arif Farooq Qadri (Director)5000%
TOTAL127,500,000100%

Sponsors

Strategic sponsors providing long-term guidance and capital support.

Principal Sponsor & Executive Director

Mr. Muhammad Farhan

Mr. Muhammad Farhan is an experienced capital‑markets professional with deep expertise in equity trading, risk management and portfolio management.

Sponsor/investments & Strategic Partner

Mr. Muhammad Junaid Rafiq

Mr. Muhammad Junaid Rafiq served as a Director of MRA Securities Limited from 2021 to 2023. Since July 2018 he has steered corporate‑sales strategy.

Sponsor and Senior Executive

Mr. Haji Muhammad

Haji Muhammad serves as Sponsor and Senior Executive at MRA Securities Limited, overseeing client services and support operations.

Sponsor

Mr. Ahmed

Strategic sponsor providing capital market insights and supporting the firm's long-term growth and stability.

Board Committee(s)

Overview of internal board committees and oversight structures.

Audit Committee

  • Muhammad ShoaibChairperson
  • Muhammad FarhanMember
  • Muhammad Arif FarooqMember
  • Muhammad HaroonMember

Risk Management Committee

  • Muhammad ShoaibChairperson
  • Muhammad FarhanMember
  • Muhammad Arif FarooqMember
  • Muhammad HaroonMember

Investment Committee

  • Muhammad ShoaibChairperson
  • Muhammad FarhanMember
  • Muhammad HaroonMember

Human Resource Committee

  • Muhammad HaroonChairperson
  • Muhammad FarhanMember
  • Muhammad ShoaibMember
Source: PSX
KSE100180015+2931.71
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