Indus Dying & Manufacturing Executives Disclose Share Transactions on PSX

Karachi: In a recent disclosure filed with the Pakistan Stock Exchange, Indus Dying & Manufacturing Co. Limited announced share transactions involving two of its directors. The report, dated July 17, 2026, outlined transactions executed by Naveed Ahmed and Han Ahmed, both directors of the company, under the PSX regulations concerning the disclosure of interest by company executives.

According to the report, Naveed Ahmed conducted a share transaction on July 16, 2026, involving the gifting of 59,115 shares through the Central Depository Company (CDC), with no rate applied to the transaction. The cumulative shareholding for Naveed Ahmed post-transaction stands at 4.20 million shares, representing 7.74% of the company's total shares. Meanwhile, Han Ahmed executed a similar transaction on the same date, gifting 59,115 shares through CDC, resulting in a cumulative holding of 7.39 million shares, or 13.62% of the company.

According to information available from the Pakistan Stock Exchange (PSX), these transactions are set to be reviewed in an upcoming board meeting for compliance with Clause 5.6.4 of the PSX Regulations. The company has committed to highlighting any non-compliance issues for consideration during this meeting.

Furthermore, the disclosure confirms that the holding period for these transactions exceeds six months. In instances where the holding period is within six months, Indus Dying & Manufacturing Co. Limited has assured that an equivalent cheque of any profit will be deposited with the Securities and Exchange Commission of Pakistan (SECP) under Section 105 of the Securities Act. This action will also be communicated to the PSX as required.