Karachi: Nimir Industrial Chemicals Limited has disclosed a transaction involving the acquisition of shares by one of its senior executives, in compliance with the Pakistan Stock Exchange regulations. The transaction, conducted by Executive Director Khalid Mumtaz Qazi, involved the purchase of 13,200 shares at a rate of 140.02 Pakistani Rupees per share.

The transaction took place on May 2, 2025, and was executed electronically through the Central Depository Company (CDC) in the ready market. The holding period for this transaction has been confirmed to exceed six months. In instances where the holding period is less than six months, the Securities Act, 2015 mandates that any profit from such transactions be deposited with the Securities and Exchange Commission of Pakistan (SECP).

According to information available from the Pakistan Stock Exchange (PSX), this disclosure is made in accordance with Regulation No. 5.6.4. It requires the provision of detailed information about the transaction of shares by company executives to ensure transparency and inform TRE Certificate holders of the exchange.

The designated market for this transaction is the ready market, as specified in the disclosure.