Senior Executive of Ghani Chemical Industries Limited Sells Shares Amid Regulatory Disclosure

Karachi: Ghani Chemical Industries Limited has announced a transaction involving a member of its senior management, Shahnawaz Zafar, who has executed a sale of shares in the company. This transaction has been disclosed in compliance with the regulatory requirements of the Pakistan Stock Exchange (PSX).

On May 22, 2025, Shahnawaz Zafar, a senior executive at Ghani Chemical Industries Limited, sold 20,000 shares at a rate of 21.65 per share. The transaction was conducted in the Central Depository Company (CDC) under the ready market category. Following the sale, Zafar's cumulative shareholding stands at 123,180 shares, which constitutes 0.022% of the company's total shares.

According to information available from the Pakistan Stock Exchange (PSX), the transaction details are set to be presented at the forthcoming board meeting. The board is expected to review the transaction and highlight any potential non-compliances as part of the regulatory process outlined in clause No. 5.6.1.(d) of the PSX Regulations.

The disclosure is part of the ongoing commitment by Ghani Chemical Industries Limited to maintain transparency and adhere to the PSX's regulatory framework regarding the trading activities of its directors, CEO, executives, and substantial shareholders.