Karachi: Nimir Industrial Chemicals Limited has disclosed a series of share transactions by one of its executives, Imran Afzal, in compliance with the Pakistan Stock Exchange regulations. According to the company, the transactions were carried out on March 26, 2026, and were completed electronically, utilizing the Central Depository Company (CDC) Ready platform.

The company reported that a total of 18,000 shares were purchased by Mr. Afzal. The transactions were executed in three tranches: 3 shares at a rate of Rs. 149.98 per share, 5,000 shares at Rs. 149.99 per share, and 12,997 shares at Rs. 150.00 per share. These acquisitions were made in alignment with Regulation No. 5.6.4 of the Pakistan Stock Exchange Limited regulations, ensuring transparency and adherence to the designated market category procedures.

According to information available from the Pakistan Stock Exchange (PSX), the holding period for these transactions has exceeded six months. This stipulation ensures that any profit generated within a shorter period would necessitate the deposit of equivalent cheques with the Securities and Exchange Commission of Pakistan (SECP), as outlined under Section 105 of the Securities Act, 2015.

The company has advised that the details of these transactions be communicated to the Trading Right Entitlement (TRE) Certificate holders of the Exchange. This disclosure underscores Nimir Industrial Chemicals Limited’s commitment to regulatory compliance and transparency in executive share dealings.