Karachi: An independent director of Ghani ChemWorld Limited has executed a transaction involving the sale of shares, as disclosed under the Pakistan Stock Exchange (PSX) regulations. The disclosure was made in accordance with the regulatory requirements for substantial shareholders and executives.
A transaction was executed by Mahmood Ahmad, an independent director of Ghani ChemWorld Limited. The transaction involved the sale of 43,900 shares at a rate of 12.35 per share. Following this transaction, the cumulative shareholding percentage stands at a negligible percentage of the total shares. This transaction occurred on July 10, 2025, and falls under the category of a Minor move.
According to information available from the Pakistan Stock Exchange (PSX), the transaction by the independent director will be presented in the forthcoming board meeting. This presentation will include any potential non-compliance issues, in line with clause 5.6.1.(d) of the PSX Regulations. The company has assured that the necessary confirmations will be made to the Exchange following the board's consideration.
Ghani ChemWorld Limited operates within the designated market category of the chemical industry, and such disclosures are part of the regulatory framework to maintain transparency and accountability within publicly listed companies.