Karachi, In a recent disclosure to the Pakistan Stock Exchange, Emco Industries Limited announced that Ahsan Suhail Mannan, the Company Secretary and Director, has acquired 40,652 shares of the company. This transaction occurred on April 16, 2024, with each share purchased at a rate of 36.50 PKR. The shares were bought in physical form, and specific market details were not disclosed.

The company confirmed that this transaction would be reviewed in the upcoming board meeting, where any potential non-compliances with PSX regulations will be addressed. Additionally, the holding period for these transactions exceeds six months. If it had been within six months, any profit from these transactions would be subject to a mandatory deposit with the Securities and Exchange Commission of Pakistan, as stipulated by section 105 of the Securities Act, 2015, with corresponding notifications to PSX.