Karachi: Sitara Chemical Industries Limited has disclosed a notable transaction involving shares of the company, as per the requirements outlined under the Pakistan Stock Exchange (PSX) Regulation 5.6.4.

On April 7, 2025, the company reported that Mr. Haseeb Ahmad, an Executive Director of Sitara Chemical Industries Limited, has executed a transaction involving the sale of shares. The transaction, conducted on April 4, 2025, involved the sale of 2,320 shares at a rate of 370.00 each. Following this transaction, Mr. Ahmad's cumulative shareholding stands at 315,755 shares, representing a cumulative percentage of 1.47% of the company's total shares.

According to information available from the Pakistan Stock Exchange (PSX), the disclosure of this transaction is in compliance with the regulatory framework that mandates transparency and accountability in the trading activities of key individuals within publicly listed companies. This ensures that substantial shareholders, directors, and executives provide timely information regarding their transactions to maintain market integrity.

The disclosure of such transactions is of particular interest to market participants and investors who track the activities of significant stakeholders within a company. This transaction falls under the Consumer Chemicals category, providing insights into the actions of individuals with substantial interests in Sitara Chemical Industries Limited.