Karachi: The Pakistan Stock Exchange (PSX) has disclosed that M. Saeed uz Zaman, the Chairman and Non-Executive Director of Nimir Industrial Chemicals Limited, engaged in a series of share purchases totaling 9,081 shares. The transactions occurred on July 7, 2025, and were carried out electronically through the CDC in the ready market category.

The transaction, as per Regulation No. 5.6.4 of the PSX regulations, involved multiple purchases at varying rates per share. The shares were acquired at prices ranging from Rs. 156.30 to Rs. 158.00. The purchases were documented as follows: 860 shares at Rs. 156.30, 1,000 shares at Rs. 156.50, 2,000 shares at Rs. 157.00, 10 shares at Rs. 157.99, and 5,211 shares at Rs. 158.00.

According to information available from the Pakistan Stock Exchange (PSX), the transactions were conducted over a single day, maintaining compliance with the required regulations.

The disclosure also confirms that the holding period for these transactions exceeds six months. Should the holding period be within six months, any profits from the transactions are to be deposited with the Securities and Exchange Commission of Pakistan (SECP) in accordance with Section 105 of the Securities Act, 2015. The PSX has been duly notified to inform the TRE Certificate holders accordingly.