Executive of Nimir Industrial Chemicals Limited Engages in Share Transactions

Karachi, In a recent disclosure to The Pakistan Stock Exchange Limited, Nimir Industrial Chemicals Limited has reported transactions of shares by an executive of the company, Mr. Salman Azmat. These transactions, in line with Regulation No. 5.6.1(d) of the PSX regulations, signify noteworthy activity within the company’s shareholding structure.

As detailed in the disclosure, Salman Azmat engaged in multiple transactions on January 16, 2024. The first transaction involved the purchase of 1,000 shares at a rate of Rs. 117.00 per share. This was followed by two additional purchases, one of 500 shares at the same rate of Rs. 117.00 per share, and another of 500 shares at a slightly higher rate of Rs. 122.00 per share. Additionally, there was a transaction of 2,000 shares, details of which were not specified in the disclosure.

All transactions were conducted electronically through the Central Depository Company (CDC). This mode of transaction ensures efficiency and transparency in the transfer of shares. The disclosure of these transactions reflects the company’s commitment to regulatory compliance and transparency in its financial operations.