Karachi: Nimir Industrial Chemicals Limited disclosed a series of share transactions executed by a non-executive director, Muhammad Saeed uz Zaman, in compliance with the Pakistan Stock Exchange (PSX) regulations. According to the records, the transactions involved the acquisition of a total of 5,882 shares on May 5, 2025, at varying rates.

The first transaction included the purchase of 499 shares at a rate of 146.90 Pakistani rupees per share. This was followed by a second transaction comprising 1,897 shares at 146.99 rupees per share. The final transaction involved 3,486 shares, acquired at a rate of 147.00 rupees per share. All shares were transacted electronically through the Central Depository Company (CDC) and were classified under the "Ready" market category.

According to information available from the Pakistan Stock Exchange (PSX), the holding period for these transactions extends beyond six months. Should the holding period be less than the stipulated six months, any profits derived from these transactions will be deposited with the Securities and Exchange Commission of Pakistan (SECP) as required under Section 105 of the Securities Act, 2015, with due notification to the Pakistan Stock Exchange.

The company has assured that all procedural requirements have been adhered to and has informed the Trading Rights Entitlement (TRE) Certificate holders of the exchange regarding these developments.