Lahore: The details regarding a recent share transaction involving Nimir Industrial Chemicals Limited were disclosed in compliance with the Pakistan Stock Exchange (PSX) Regulations. On April 10, 2026, information was made available outlining the actions of an executive from the company, Arif Hussain Surd, who has engaged in purchasing shares.
According to the disclosure, Arif Hussain Surd conducted two transactions on April 8, 2026. He acquired 2,000 shares at a rate of Rs. 164.50 per share and an additional 10,010 shares at Rs. 165.00 per share. Both transactions were executed electronically via CDC Ready.
The company’s statement confirmed that the holding period for these transactions exceeds six months. Should it fall within six months, any profits generated are to be deposited with the Securities and Exchange Commission of Pakistan (SECP) as mandated by Section 105 of the Securities Act, 2015. The Pakistan Stock Exchange has been notified of this procedure.
According to information available from the Pakistan Stock Exchange (PSX), the transactions were conducted following the stipulated regulatory framework, ensuring transparency and compliance with financial governance standards. The market category for this disclosure is designated as a Transaction of Shares – Disclosure of Interest under PSX Regulations.
The company has further advised that all TRE Certificate holders of the Exchange be informed of this development.