Karachi: Mari Energies Limited has disclosed a recent share transaction conducted by one of its executive employees. According to a statement from the company dated March 27, 2025, Afrasiab Khan Kakar, an executive at Mari Energies, bought 500 shares of the company on March 25, 2025. The shares were purchased at a rate of 682.5 each, in the Central Depository Company (CDC) form, within the ready market category.

The company has confirmed that this transaction will be discussed in the upcoming board meeting, as mandated by clause 5.6.4 of the Pakistan Stock Exchange (PSX) Regulations. According to information available from the Pakistan Stock Exchange (PSX), the transaction adheres to the required procedural guidelines, ensuring transparency and compliance with market regulations.

Mari Energies further clarified that the holding period for the transaction exceeds six months. Should the transaction fall within a six-month period, any profits made would require a cheque equivalent to the profit to be deposited with the Securities and Exchange Commission of Pakistan (SECP), in compliance with Section 105 of the Securities Act, 2015. This action would also be reported to the PSX.