Karachi: In recent developments at The Pakistan Credit Rating Agency Limited (GEMPACRA), Mr. Asif Nathani, an elected Director of the company, executed significant transactions involving the company’s shares. As per the disclosure dated January 26, 2026, these transactions are in line with the requirements outlined under PSX Regulation 5.6.4, necessitating transparent disclosure of interests by relevant persons holding company shares.

On January 21, 2026, Mr. Nathani completed a purchase of 15,250 shares at a rate of 39.22 per share. This transaction took place on the Central Depository Company (CDC) in the ready market. Following this transaction, his cumulative shareholding in the company reached 1,401,514 shares, reflecting a big move with a 1.88% stake.

A subsequent transaction followed on January 22, 2026, where Mr. Nathani acquired an additional 218 shares at 36.25 per share. This purchase further increased his total shareholding to 1,401,732 shares, maintaining the same percentage of 1.88%.

According to information available from the Pakistan Stock Exchange (PSX), these transactions are part of the procedural compliance with the Fit & Proper application, which is currently under review by the Securities and Exchange Commission of Pakistan (SECP) as per the Credit Rating Companies Regulations, 2016.

The Pakistan Credit Rating Agency Limited has duly informed the TRE Certificate Holders of the Exchange regarding these transactions, ensuring that all regulatory disclosures are met in accordance with market practices.