Independent Director Executes Share Purchase in Thal Industries Corporation

Lahore: In a noteworthy transaction on June 30, 2026, Mr. Khawaja Bilal Hussain, an Independent Director of Thal Industries Corporation Limited, executed a purchase of 5,000 shares at a rate of Rs. 889 per share. The transaction, involving physical share certificates, took place in the ready market.

According to information available from the Pakistan Stock Exchange (PSX), the disclosure of interest by directors, as regulated under clause 5.6.1(d) of the PSX Regulations, is a critical requirement in maintaining transparency within the market. The acquisition by Mr. Hussain will be addressed in the forthcoming board meeting, where any non-compliance issues will be duly considered.

The company has confirmed adherence to the requisite holding period of over six months for such transactions. Should the holding period be less than six months, the profit equivalent would need to be deposited with the Securities and Exchange Commission of Pakistan (SECP), as mandated by Section 105 of the Securities Act, 2015, with intimation to the PSX.

Thal Industries Corporation Limited continues to observe regulatory compliance and uphold its responsibilities under the market guidelines set forth by the PSX, ensuring that all transactions by its directors, executives, and substantial shareholders are transparent and duly reported.