Karachi: In a recent transaction disclosed under the Pakistan Stock Exchange's Regulation 5.6.4, Mr. Asif Nathani, a Non-Executive Director of The Pakistan Credit Rating Agency Limited, has executed a share purchase, increasing his cumulative shareholding in the company. The report, dated September 24, 2026, details the acquisition of 26,500 shares at a rate of 40.15 per share, contributing to a total holding of 1,692,483 shares, representing 2.27% of the company's stock.
According to information available from the Pakistan Stock Exchange (PSX), this transaction reflects a big move in shareholding, as the percentage increase is classified within the relevant range. The transaction was executed in the ready market on the date specified, reaffirming the strategic interest of key stakeholders in the company's prospects.
The Pakistan Credit Rating Agency Limited, identified by its market symbol GEMPACRA, operates within the designated market category on the PSX. The disclosure, mandated by the exchange's regulations, emphasizes the transparency required for transactions involving significant shareholders or directors, ensuring market participants are informed accordingly.
As the transaction is communicated to the TRE Certificate Holders of the Exchange, stakeholders and investors continue to monitor the implications of such shareholding changes on the company's strategic direction and market performance.