Karachi: Sitara Chemical Industries Limited announced a recent transaction involving its Executive Director, Mr. Haseeb Ahmad, according to regulatory filings with the Pakistan Stock Exchange. On July 21, 2025, Mr. Ahmad executed a sale of 25,000 shares at a price of 555.00 per share in the ready market, marking a minor move in the company's stock.
The transaction resulted in a cumulative holding of 33,840 shares, representing a cumulative percentage of 0.16 of the company's total shares. According to information available from the Pakistan Stock Exchange (PSX), such disclosures are required under PSX Regulation 5.6.4, which mandates the disclosure of interest by relevant persons holding company shares.
Sitara Chemical Industries Limited operates within the designated market category of chemicals, and the sale of shares by Mr. Ahmad was executed through the Central Depository Company (CDC) system, adhering to standard market protocols. The company has been consistent in providing timely updates regarding transactions by its directors, executives, and substantial shareholders, ensuring transparency and compliance with regulatory requirements.