Karachi: Nimir Industrial Chemicals Limited has reported a transaction of its shares by a key executive, in compliance with the regulations of the Pakistan Stock Exchange (PSX). The disclosure, made under Regulation No. 5.6.4 of the PSX's rules, details the involvement of the company's Non-Executive Director, M. Saeed uz Zaman, in a recent share purchase.

The transaction involved the acquisition of 203 shares at a rate of Rs. 132.59 per share, executed electronically through the Central Depository Company (CDC) in the ready market category. The transaction was dated May 9, 2025. According to information available from the Pakistan Stock Exchange (PSX), the holding period for the transaction exceeds six months. Should the holding period have been less than six months, any profits derived from the transaction would have been required to be deposited with the Securities and Exchange Commission of Pakistan (SECP), as stipulated by Section 105 of the Securities Act, 2015.

The company has confirmed that relevant information regarding the transaction has been communicated to the Trading Rights Entitlement (TRE) Certificate holders of the Exchange.