Karachi: Nimir Resins Limited has disclosed a significant transfer of shares to M/s Rudolf Pakistan (Pvt.) Limited, as detailed in a recent filing with the Pakistan Stock Exchange (PSX). The transfer, which adheres to the requirements set by the PSX Rule Book, Securities Act 2015, and Listed Companies Regulations 2017, was part of an ongoing disclosure process following a previous notification on December 31, 2024. The transactions occurred on March 25 and 26, 2025.

According to the disclosure, Zafar Mahmood transferred 11.40 million shares, representing 8.07% of the company's total, at a rate of 25.00 per share. Similarly, Khalid Mumtaz Qazj transferred 6.60 million shares, equivalent to 4.67%, while Imran Afzal transferred 5.10 million shares, making up 3.61% of the total shares. These transactions were completed electronically through the Central Depository Company (CDC).

On March 26, 2025, Umar Iqbal and Aamir Jamil transferred 3.90 million and 3.00 million shares, respectively. Their shares, valued at 2.76% and 2.12% of the company's total, were also transferred electronically via the CDC. The cumulative transfer from these individual shareholders amounts to a significant portion of the company's shares being moved to Rudolf Pakistan.

According to information available from the Pakistan Stock Exchange (PSX), Rudolf Pakistan (Pvt.) Limited acquired a total of 30.00 million shares over two days. On March 25, they received 23.10 million shares, which represented 16.35% of the company, followed by an additional 6.90 million shares, or 4.88%, on March 26. All transactions were conducted electronically.

The completion of these share transfers marks a notable shift in the ownership structure of Nimir Resins Limited. The designated market category for this transaction falls under the electronic transfer of shares within the regulatory framework set by the Pakistan Stock Exchange.