Karachi: The Pakistan Credit Rating Agency Limited has reported a transaction involving its shares executed by a non-executive director, according to a disclosure under PSX Regulation 5.6.4. This development is part of the regular disclosure of interest by relevant persons holding company shares, as outlined by the Pakistan Stock Exchange.
The transaction, dated September 17, 2026, was carried out by Mr. Asif Nathani, a non-executive director of the agency. Mr. Nathani purchased 2,501 shares at a rate of 32.25 per share. Following this transaction, Mr. Nathani's cumulative shareholding in The Pakistan Credit Rating Agency Limited, also known as GEMPACRA, stands at 1.64 million shares, which is equivalent to 2.20% of the company’s shares.
According to information available from the Pakistan Stock Exchange (PSX), the percentage change in Mr. Nathani's shareholding represents a very large or significant move, reflecting his increased investment in the agency. This acquisition of shares has been duly recorded and is in line with the regulatory requirements for transparency in shareholding disclosures.
The market category for this transaction is classified under 'Ready', indicating that the shares were bought in the open market, as per the available data. The Pakistan Credit Rating Agency Limited continues to maintain transparency and adherence to stock exchange regulations by informing the TRE Certificate Holders of the Exchange about such transactions.
This disclosure is part of the company's ongoing commitment to regulatory compliance and transparency in financial dealings, as required by the Pakistan Stock Exchange.