Karachi, Gharibwal Cement Limited has reported notable share transactions involving its officials and a spouse of a non-executive director. Detailed information regarding these transactions is as follows:
Share Transactions:
On August 22, 2023, Mr. Muhammad Tousif Peracha, an Executive Director of Gharibwal Cement Limited, executed a buy transaction involving the purchase of 875,000 shares at a rate of 0.02 PKR per share. This transaction was conducted through the CDC (Central Depository Company) and was categorized as NDM (Normal Delivery Market).
Also on August 22, 2023, Mrs. Qamar Nazir Peracha, the spouse of Mr. Mian Nazir Ahmed Peracha, a Non-Executive Director of the company, carried out a sell transaction. In this transaction, 875,000 shares were sold at a rate of 0.02 PKR per share. Similar to the buy transaction, this sell transaction was processed through the CDC's Normal Delivery Market.
These transactions involving company officials and their family members are subject to regulatory requirements and are disclosed to ensure transparency and adherence to the rules and regulations set forth by the Pakistan Stock Exchange (PSX).
Gharibwal Cement Limited remains committed to providing accurate and timely information regarding significant share transactions to shareholders and the investing public, aligning with the PSX regulations.