NICL

⚡ Flash Summary

On October 8, 2025, Nimir Industrial Chemicals Limited disclosed a transaction of shares by an executive, Arif Hussain Surti. Surti sold 1,500 shares of the company at a rate of PKR 202.92 per share on October 6, 2025. The transaction was executed electronically through the CDC (Central Depository Company) and marked as ‘Ready’. The disclosure is in accordance with Regulation No. 5.6.4 of the Pakistan Stock Exchange Limited, highlighting insider trading activity.

📌 Key Takeaways

• 🚨 Insider Selling: Arif Hussain Surti, an executive, sold 1,500 shares.
• 💰 Transaction Price: Shares were sold at PKR 202.92 each.
• 🗓️ Transaction Date: The sale occurred on October 6, 2025.
• 🏦 Regulatory Compliance: Disclosure under PSX Regulation 5.6.4.
• 💻 Electronic Transaction: Executed electronically via CDC.
• ✅ Holding Period Confirmation: Holding period confirmed to be over six months.
• 🏦 SECP Compliance: Cheques equivalent to profit to be deposited with SECP if holding period is less than six months, as per Section 105.
• 📄 TRF Certificate: TRE Certificate holders informed accordingly.
• 🏢 Company: Nimir Industrial Chemicals Limited is the company in question.
• 👤 Discloser: Muhammad Inam-ur-Rahim, Company Secretary, made the disclosure.
• 📍 Location: The company’s head office is in Lahore, Pakistan.
• 🏭 Factory Location: The factory is located in Sheikhupura-Faisalabad Road, Pakistan.

🎯 Investment Thesis

Given the insider selling and potential negative market reaction, a SELL recommendation is warranted. This is based on the premise that insider selling can signal a lack of confidence in the company’s future performance. A price target cannot be determined without further financial information, but the time horizon for this recommendation is short-term (3-6 months).