KARACHI: The Thatta Cement Company Limited has disclosed a significant transaction involving the sale of shares by its director, Mr. Saleem Zamindar, as per regulatory requirements. The disclosure was made according to the guidelines under clause 5.6.4 of the Pakistan Stock Exchange (PSX) Regulations.
On July 1, 2026, Mr. Zamindar executed a transaction selling 1,248,703 shares at a rate of 67.35 per share. The transaction took place in the ready market, with shares held in the Central Depository Company (CDC) format. This move comes as part of the company's adherence to transparency and compliance protocols.
According to information available from the Pakistan Stock Exchange (PSX), the sale will be reviewed in an upcoming board meeting, where any non-compliance issues, if present, will be addressed. Such disclosures are crucial for maintaining market integrity and ensuring that all transactions by company insiders are conducted within the framework established by the PSX.
The designated market category for this transaction is the ready market. The company has assured that full details of the transaction will be highlighted during the board meeting, reinforcing its commitment to regulatory compliance.