Karachi: Nimir Industrial Chemicals Limited has disclosed a transaction involving its Chairman, M. Saeed uz Zaman, who has purchased shares of the company. The transaction, carried out in adherence to Regulation No. 5.6.4 of The Pakistan Stock Exchange Limited, was reported to the Pakistan Stock Exchange (PSX) for compliance and transparency.

According to the company's disclosure, the Chairman acquired 5,000 shares at a rate of 157.05 rupees per share. This transaction was executed on July 22, 2025, and was conducted electronically through the Central Depository Company (CDC) within the ready market category. The disclosure follows the regulatory requirements set forth by the PSX to ensure proper communication to TRE Certificate holders.

The company has confirmed that the holding period for this transaction exceeds six months. In situations where transactions occur within a six-month period, the Securities Act of 2015 mandates that any profit must be deposited with the Securities and Exchange Commission of Pakistan (SECP), with appropriate notification to the PSX. According to information available from the Pakistan Stock Exchange (PSX), this purchase supports the regulatory framework designed to maintain market integrity.

The transaction by the Chairman of Nimir Industrial Chemicals Limited reflects an executive-level interest in the company's shares, indicating potential confidence in the company's prospects. This disclosure maintains transparency and aligns with the regulatory standards governing share transactions by company executives.