Karachi: Nimir Resins Limited has disclosed a significant sale of shares by its Non-Executive Director, Muhammad Yahya Khan, as per the regulations of the Pakistan Stock Exchange. The transaction, which took place on July 29 and 30, 2025, involved the sale of a total of 1,750,000 shares.
According to information available from the Pakistan Stock Exchange (PSX), the shares were sold in multiple transactions, with varying quantities and prices per share, all conducted electronically through the Central Depository Company (CDC) in the regular market. The sales included quantities of 998,684, 1,000, 216, 100, 500, 299,500, and 450,000 shares at rates ranging from Rs. 36.25 to Rs. 37.10 per share.
The company confirmed that the holding period for these transactions exceeded six months. In accordance with Section 105 of the Securities Act, 2015, if the shares had been held for less than six months, any profit would have been required to be deposited with the Securities and Exchange Commission of Pakistan (SECP).
Nimir Resins Limited has requested that the TRE Certificate holders of the Pakistan Stock Exchange be informed about this disclosure. The transaction falls under the regular market category and was carried out in compliance with the listing regulations of the exchange.