Karachi: Engro Polymer & Chemicals Limited has disclosed a recent transaction involving shares of the company, executed by a relevant person linked to its board of directors. The company, listed on the Pakistan Stock Exchange, made this announcement in accordance with PSX Regulation 5.6.4.
The transaction, dated October 23, 2025, involves Tahir Aziz, who is identified as the spouse of Ayesha Aziz, an independent director of the company. The transaction was carried out in the ready market through the Central Depository Company (CDC) and involved the sale of 1,000 shares at a rate of 29.490 per share.
According to information available from the Pakistan Stock Exchange (PSX), the cumulative percentage change resulting from this transaction is 0.00%, which is classified as a no change in the context of stock market movements.
The company has noted that the transaction will be presented by the Company Secretary at the forthcoming Board of Directors meeting. Additionally, the procedure mandates the submission of transaction details via Form-30 through the PUCARS system as extracts of the board minutes.
As per regulatory requirements, the holding period for the transaction must exceed six months. If not, any profits generated must be deposited with the Securities and Exchange Commission of Pakistan (SECP) under Section 105 of the Securities Act, 2015. The company has also been tasked with updating these details in the UIN Management System promptly.