Lahore: Ghani Chemical Industries Limited, a listed entity on the Pakistan Stock Exchange, has disclosed a recent transaction involving the sale of shares by a member of its senior management. The transaction details were released in accordance with the PSX Regulations, specifically under clause 5.6.4.(d).
On May 14, 2025, Shahnawaz Zafar, a senior management executive at Ghani Chemical Industries, executed a sale of 170,000 shares in the company. The shares were sold at a rate of 19.04 per share, resulting in a cumulative shareholding percentage of 0.025%. The transaction was carried out through the Central Depository Company (CDC) in the ready market category.
According to information available from the Pakistan Stock Exchange (PSX), the transaction is set to be reviewed in a forthcoming board meeting of Ghani Chemical Industries. The company has assured that any non-compliance issues, if identified, will be addressed during this meeting as per the requirements outlined in clause 5.6.1.(d) of the PSX Regulations.
This disclosure highlights the regulatory framework under which such transactions are scrutinized, ensuring transparency and adherence to market rules. The company has committed to update the Exchange on any developments following the board's review.