Karachi, Gharibwal Cement Limited has reported significant transactions in its shares by company insiders. On August 3, 2023, the Executive Director, Muhammad Tousif Peracha, purchased 875,000 shares at a rate of 0.02 per share through the Central Depository Company (CDC) and the National Depository Market (NDM).
In a corresponding move, Feriha Aziz Nazir Peracha, the spouse of Mian Nazir Ahmed Peracha (Non-Executive Director), conducted a sale of 875,000 shares at the same rate of 0.02 through CDC and NDM.
The company has promptly disclosed these transactions to ensure transparency and compliance with regulatory requirements. Such insider trading activities are closely monitored to maintain fairness and uphold the integrity of the market.