Islamabad: Fauji Fertilizer Company Limited has reported a transaction involving the acquisition of company shares by one of its executive directors. According to disclosures made under the Pakistan Stock Exchange (PSX) Regulation 5.6.4, Jahangir Piracha, an Executive Director of the company, has executed a buy transaction for 5,000 shares.
The transaction took place in the market’s ready segment on November 18, 2024. The shares were acquired at a rate of PKR 280.07 each. Following this transaction, the cumulative number of shares held by Mr. Piracha stands at 5,000, representing 0.00% of the total shares.
According to information available from the Pakistan Stock Exchange (PSX), such disclosures are mandatory for directors, CEOs, executives, substantial shareholders, their spouses, and minors to ensure transparency and maintain investor confidence in the market.
The transaction underscores the ongoing activity by company executives in the market, reflecting a regulatory compliance approach by Fauji Fertilizer Company Limited in line with PSX requirements.