Karachi: Thatta Cement Company Limited has announced a significant transaction involving its Chief Executive Officer and Director, Mr. Kamran Munir Ansari. On February 4, 2025, Mr. Ansari purchased 375,000 shares in the company at a rate of 199.60 per share. This acquisition was conducted through the Central Depository Company (CDC) under the ready market category.

According to information available from the Pakistan Stock Exchange (PSX), this transaction is a substantial move by Mr. Ansari, reflecting his confidence in the company's future prospects. The company has assured stakeholders that this transaction will be duly presented at the forthcoming board meeting. During this meeting, any non-compliance with the PSX Regulations, specifically clause No. 5.6.4, will be addressed and highlighted for consideration.

This development comes at a time when Thatta Cement is focusing on strategic growth and expansion in the cement market. The acquisition by the CEO is seen as a positive sign, potentially signaling strong prospects for the company’s performance in the near future. Stakeholders and investors are keenly observing the implications of this transaction within the broader context of the company’s trajectory and market performance.