Karachi: Nimir Industrial Chemicals Limited has disclosed a series of share transactions carried out by its chairman, M. Saeed uz Zaman, in alignment with Pakistan Stock Exchange (PSX) regulations. The transactions, which were executed electronically through the Central Depository Company (CDC), involved multiple purchases of shares in the ready market.

According to the details provided, the chairman engaged in a series of eleven transactions on July 24, 2025, acquiring a total of 3,813 shares. The transactions were conducted at varying rates per share, ranging from Rs. 158.50 to Rs. 163.79. The nature of these transactions was classified as a series of purchases within the ready market category.

The disclosure emphasized that the holding period for these transactions exceeds six months. In cases where the holding period is under six months, it is mandated that any profits be deposited with the Securities and Exchange Commission of Pakistan (SECP) in accordance with Section 105 of the Securities Act, 2015. The PSX has been duly informed of these transactions, ensuring compliance with regulatory standards.

The transactions by the chairman were conducted in the ready market, a segment known for the immediate trading of shares. This move signifies a calculated engagement in the market, reflecting strategic interests in the shares of Nimir Industrial Chemicals Limited.

According to information available from the Pakistan Stock Exchange (PSX), the regulatory compliance exhibited by Nimir Industrial Chemicals Limited underscores the transparency required in share transactions involving company executives. The adherence to PSX regulations ensures that all stakeholders are adequately informed of any significant market activities.

The Pakistan Stock Exchange has been notified to inform the Trading Right Entitlement (TRE) Certificate holders of these transactions. This step is consistent with the exchange's obligation to maintain transparency and provide pertinent information to market participants.

The disclosure of these transactions highlights the company's commitment to regulatory compliance and the maintenance of market integrity. The activity of purchasing shares by the company's chairman indicates a potential confidence in the company's future performance, while also adhering to the necessary legal frameworks governing such transactions.