Sardar Chemical Industries Limited’s Executive Directors Disclose Gifting of Company Shares

Karachi, Sardar Chemical Industries Limited’s Executive Directors, Sardar Mahmood Sadiq and Mrs. Tayybah Mahmood Sadiq, have made significant transactions involving the company’s shares. The details of these transactions are as follows:

1. Sardar Mahmood Sadiq, the Executive Director of Sardar Chemical Industries Limited, executed a gift transfer of 99,500 shares on May 15, 2023. The nature of the transaction suggests that the shares were transferred out of his ownership. The rate of the shares was recorded as 0.00, and the form of share certificates used was CDC (Central Depository Company). The transaction was processed through CDC (Central Depository Company).

2. Similarly, Mrs. Tayybah Mahmood Sadiq, also an Executive Director of Sardar Chemical Industries Limited, executed a gift transfer of 99,500 shares on the same date, May 15, 2023. In contrast to the previous transaction, the rate of the shares was recorded as 0.00, and the form of share certificates used was CDC (Central Depository Company). The transaction was also processed through CDC (Central Depository Company).