Karachi: Nimir Industrial Chemicals Limited has disclosed a recent transaction involving the purchase of shares by one of its executives, Arif Hussain Surti. The transaction, which was conducted in compliance with the regulations of the Pakistan Stock Exchange Limited, involved the acquisition of 1,000 shares at a rate of Rs. 181.83 per share. This transaction took place on July 30, 2025.
The shares were acquired electronically through the Central Depository Company (CDC) and categorized under the ready market segment. According to company officials, the holding period for this transaction exceeds six months, aligning with regulatory requirements. In cases where the holding period is shorter, profits are to be deposited with the Securities and Exchange Commission of Pakistan, as stipulated by Section 105 of the Securities Act, 2015.
According to information available from the Pakistan Stock Exchange (PSX), the transaction adheres to Regulation No. 5.6.4, which mandates the disclosure of share transactions by company executives. Nimir Industrial Chemicals Limited has assured full compliance with these regulatory requirements, affirming transparency in its operations.
Market participants have been informed about this transaction in accordance with the protocols of the Pakistan Stock Exchange, ensuring that trade certificate holders are aware of the executive's share acquisition.