Nimir Industrial Chemicals CEO’s Significant Share Purchase Disclosed

Lahore: Nimir Industrial Chemicals Limited has disclosed a series of share purchases by its Chief Executive Officer, Zafar Mahmood, as per the requirements of the Pakistan Stock Exchange regulations. The transaction, involving a total of 15,100 shares, was executed electronically on the Central Depository Company (CDC) platform on September 19, 2025.

The transactions were carried out at varying rates per share, starting with a purchase of 1,000 shares at 190.00 Pakistani Rupees each, followed by another 9,300 shares at 191.47 Rupees, 4,000 shares at 192.25 Rupees, and finally 800 shares at 193.30 Rupees. This disclosure comes as part of the regulatory compliance under Regulation No. 5.6.1(d) of the Pakistan Stock Exchange Limited.

According to information available from the Pakistan Stock Exchange (PSX), the transaction reflects a strategic move by the CEO, potentially indicating confidence in the company's future prospects. The market category for these transactions is designated as Electronically - CDC Ready.

It has been confirmed that the holding period for these transactions exceeds six months. In compliance with the Securities Act, 2015, should the holding period have been less than six months, any profit gained would need to be deposited with the Securities and Exchange Commission of Pakistan (SECP).

Stakeholders and certificate holders of the exchange have been informed of these developments, ensuring transparency and adherence to regulatory standards.