Karachi, Nimir Industrial Chemicals Limitedinformed Pakistan Stock Exchange about transaction of shares of the company. 38,000 shares @ Rs. 60.00 per share were bought from the market on March 28, 2019 through CDC.
Nimir Industrial Chemicals Limited, previously known as Ravi
Alkalis Limited and owned by a local business family was incorporated in
Pakistan on February 6, 1994. The foundations of the company are laid under the
Companies Ordinance, 1984. Nimir Chemicals Company Limited, a Bermuda
registered company, took over the management of the company in 1997 and
consequently the name of the company was changed to Nimir Industrial Chemicals
Limited in March 1998. The commercial operations of the company started from
January 1, 2000. The principal activity of the company is manufacturing and
sale of industrial chemical products. The stocks of the company are quoted on
the Karachi and Lahore Stock Exchanges. The registered office of the company is
located in Faisalabad.
The symbol “NICL” is being used by the stock exchanges for the shares of Nimir Industrial Chemicals Limited.