Gharibwal Cement Limited’s Independent Director Engages in Share Transactions

Lahore: Gharibwal Cement Limited has reported a disclosure of interest by its independent director, Daniyal Jawaid Paracha, regarding share transactions under the Pakistan Stock Exchange (PSX) Regulation 5.6.4. This disclosure was made on May 22, 2026, as part of regulatory requirements ensuring transparency in the dealings of company insiders.

According to the official disclosure, two distinct transactions were executed by Mr. Paracha on May 21, 2026. The first transaction involved the purchase of 7,857 shares, while the second was a sale of an identical number of shares, 7,857, on the same day. The shares were traded in the ready market format, with no rate specified for the transactions. The cumulative percentage of shares involved in these transactions amounted to 0.06%.

The series of transactions by Mr. Paracha reflects a minor move in his shareholding position. According to information available from the Pakistan Stock Exchange (PSX), such disclosures are standard practice for maintaining market integrity and investor confidence.

Gharibwal Cement Limited is categorized under the construction materials sector, with its shares actively traded on the PSX. The company's adherence to disclosure norms underscores its commitment to regulatory compliance and corporate governance.