Director of Ghani Chemical Industries Limited Sells Shares Amid Regulatory Compliance Requirements

Karachi: A recent transaction involving the sale of shares by a director of Ghani Chemical Industries Limited has been disclosed in compliance with the Pakistan Stock Exchange (PSX) regulations. The transaction was executed by Muhammad Hanif, a director of the company, involving a sale of shares under specific regulatory frameworks.

According to the information provided, Muhammad Hanif sold 15,000 shares at a rate of 25.50 per share on June 27, 2025. This transaction has resulted in a cumulative shareholding of 10,000 shares, representing 0.002% of the total shares in the company. The nature of this transaction has been described as a sell under the category of 'CDC Ready.'

According to information available from the Pakistan Stock Exchange (PSX), this transaction will be presented at the forthcoming board meeting of Ghani Chemical Industries Limited. The meeting will address compliance issues, if any, as required by clause No. 5.6.1.(d) of the PSX Regulations. The company is committed to confirming the details of this transaction to the exchange following the board's review.

The transaction reflects the company's ongoing adherence to regulatory obligations and disclosure norms as outlined by the PSX. The designated market category for this transaction falls under the industrial sector, with no reported compliance issues thus far.