Karachi: In a recent transaction that underscores the active involvement of company executives in their own firms, Mr. Qaiser Iqbal, the General Manager of Thatta Cement Company Limited, has acquired a substantial number of shares in the company. The transaction was conducted on October 2, 2025, and involved the purchase of 5,490 shares at a rate of 195.54 per share through the Central Depository Company (CDC) in the ready market.
The disclosure of this transaction is in compliance with the requirements set forth under clause 5.6.4 of the Pakistan Stock Exchange (PSX) Regulations, which mandates that directors, CEOs, executives, and substantial shareholders of listed companies disclose their interest in the company. Such disclosures are crucial for maintaining transparency and trust in the market, allowing stakeholders to be informed of the dealings by company insiders.
According to information available from the Pakistan Stock Exchange (PSX), the transaction by Mr. Qaiser Iqbal will be reviewed in an upcoming board meeting of Thatta Cement Ltd. The board will assess the transaction, including any potential non-compliances, to ensure adherence to regulatory requirements. This process highlights the company”s commitment to corporate governance and regulatory compliance.
Thatta Cement Ltd operates within the construction material sector, a key designated market category that plays a vital role in infrastructure development. The company”s activities in the stock market are closely monitored by investors and analysts, given the potential implications for market dynamics and shareholder value.
In conclusion, the recent acquisition by Mr. Qaiser Iqbal aligns with standard practices in the corporate world where executives invest in their own companies, often seen as a sign of confidence in the company”s future prospects. The transaction will be duly examined by the company”s board to ensure compliance and transparency in line with the PSX regulations.