Karachi: Mr. Asif Nathani, an elected Director of The Pakistan Credit Rating Agency Limited, has executed a transaction involving the purchase of shares in the company. The transaction was carried out on January 13, 2026, involving a total of 5,000 shares bought at a rate of 37.00 per share. Following this purchase, Mr. Nathani’s cumulative shareholding in the company now stands at 1,361,765 shares, representing 1.83% of the total shares, which is classified as a Big move.

According to information available from the Pakistan Stock Exchange (PSX), the market category for this transaction is designated as ‘Ready’. This transaction has been executed in compliance with the PSX Regulation 5.6.4, necessitating the disclosure of interest by relevant persons holding the company’s shares.

Additionally, the required Fit & Proper application, as stipulated under Clause 10(6) and Annexure C of the Credit Rating Companies Regulations, 2016, has been submitted to the Securities and Exchange Commission of Pakistan (SECP) and is currently under process for approval. The market participants and TRE Certificate Holders have been duly informed of this development.