Karachi: Sitara Chemical Industries Limited has announced a recent transaction involving the sale of company shares by one of its top executives, according to a disclosure made under Pakistan Stock Exchange (PSX) Regulation 5.6.4. The disclosure, dated April 9, 2025, outlines the details of the transaction executed by a key figure within the company.

Mr. Haseeb Ahmad, an Executive Director at Sitara Chemical Industries Limited, carried out the sale of shares on April 8, 2025. The transaction involved the sale of 100,000 shares at a rate of 370.00 per share. Following this transaction, the cumulative number of shares held by Mr. Ahmad stands at 215,755, representing a 1.01% shareholding in the company.

According to information available from the Pakistan Stock Exchange (PSX), this transaction was conducted via the Central Depository Company (CDC) under the Non-Deliverable Market (NDM) category. The designated market category for this transaction specifies the nature and execution of share trades within the regulatory framework of the PSX.

This disclosure highlights the compliance of Sitara Chemical Industries Limited with PSX regulations, ensuring transparency in the dealings of its executives and substantial shareholders.