Karachi: Ghani Chemical Industries Limited has reported a significant share transfer executed by one of its substantial shareholders, Ghani Products (Private) Limited. The transaction, executed on March 12, 2025, involved the transfer of 91,911,490 shares of the company. The transfer was conducted under a demerger/merger scheme, as disclosed by the company.

According to information available from the Pakistan Stock Exchange (PSX), this transaction will be reviewed in an upcoming board meeting of Ghani Chemical Industries Limited. The meeting will address compliance issues, if any, as mandated by clause No. 5.6.1.(d) of PSX Regulations. The results of this review will subsequently be reported back to the Exchange.

The transaction falls under the disclosure of interest by directors, CEOs, executives of listed companies, their spouses, and substantial shareholders, as per PSX Regulation No. 5.6.4. Ghani Chemical Industries Limited has confirmed this transfer, and it has been documented with the Central Depository Company (CDC) as a share transfer 'OUT.'

This disclosure is part of the regulatory framework designed to ensure transparency and accountability in corporate governance. The designated market category for this transaction is the Pakistan Stock Exchange.