Ghani ChemWorld Executive Executes Share Sale Amid Regulatory Compliance Review

Karachi: Ghani ChemWorld Limited has disclosed a share transaction executed by a senior management member, Shahnawaz Zafar, as part of its compliance with the Pakistan Stock Exchange (PSX) regulations. The disclosure, dated May 15, 2025, was made under section 5.6.4.(d) of the PSX Regulations, which requires listed companies to report transactions by directors, executives, their spouses, and substantial shareholders.

According to the information provided, the transaction involved the sale of 156,000 shares at a rate of 9.64 each. Post-transaction, the cumulative shareholding stands at 590 shares, representing a mere 0.0002% of the total shares. The form of share certificates was identified as CDC, and the transaction was categorized under the 'Ready' market.

According to information available from the Pakistan Stock Exchange (PSX), Ghani ChemWorld Limited is adhering to the regulatory framework by ensuring that such transactions are reported and considered during board meetings. The company has committed to highlighting any non-compliance issues for review, as mandated by clause No. 5.6.1.(d) of the PSX Regulations.

The designated market category for this transaction is 'Ready,' indicating that the transaction was executed under the immediate settlement framework within the PSX's operational guidelines.