Emco Industries Limited Director Buys Company Shares

Karachi, According to information available from the Pakistan Stock Exchange (PSX), Emco Industries Limited announced that Ahsan Suhail Mannan, the Company Secretary and Director, has purchased 40,652 shares of the company. The transaction, involving shares priced at 30.00 per share and issued in physical form, was reported under Section 5.6.4 of the PSX Regulations. The company confirmed that this transaction will be reviewed in the upcoming board meeting to address any potential non-compliance issues as mandated by the PSX Regulations. Additionally, it was noted that if the holding period for these shares is less than six months, any profit derived must be remitted to the Securities and Exchange Commission of Pakistan (SECP) in accordance with Section 105 of the Securities Act, 2015.