Karachi: Nimir Industrial Chemicals Limited has disclosed a transaction of shares by one of its executives, in accordance with the Pakistan Stock Exchange (PSX) regulations. The company reported the transaction details in compliance with Regulation No. 5.6.4 of the PSX regulations.

According to the information provided, Imran Afzal, an executive of Nimir Industrial Chemicals Limited, executed a purchase of shares in the company. The transactions occurred electronically via the Central Depository Company (CDC) in the ready market category. On May 2, 2025, Afzal purchased a total of 11,300 shares. The breakdown of the transactions includes 500 shares bought at a rate of 140.00 Pakistani rupees per share and an additional 10,800 shares acquired at a rate of 140.02 Pakistani rupees per share.

The company has confirmed that the holding period for these transactions exceeds six months. Should the holding period be less than six months, the Securities and Exchange Commission of Pakistan (SECP) requires that any profits be deposited with SECP, as stipulated under Section 105 of the Securities Act, 2015. The company has assured that such intimation will be provided to the Pakistan Stock Exchange if necessary.

According to information available from the Pakistan Stock Exchange (PSX), the transactions were conducted in compliance with the regulatory framework. The company has requested that the TRE Certificate holders of the Exchange be informed of these developments accordingly.