Karachi: Sitara Chemical Industries Limited has disclosed a recent transaction involving its Executive Director, Mr. Haseeb Ahmad, under the Pakistan Stock Exchange's regulatory framework. The transaction, executed on July 22, 2025, involved the sale of shares in the company.

The disclosure, made in accordance with PSX Regulation 5.6.4, outlines that Mr. Ahmad sold 5,000 shares at a rate of 575.00 each. This transaction is part of the broader regulatory requirement for directors, executives, and substantial shareholders of the company to declare their share dealings, ensuring transparency and compliance.

According to information available from the Pakistan Stock Exchange (PSX), the sale brings Mr. Ahmad's cumulative shareholding to 28,840 shares, which accounts for 0.14% of the total shares in the company. This transaction represents a Minor move in Mr. Ahmad's overall shareholding percentage.

The disclosure highlights the importance of transparency in transactions involving significant stakeholders within the company. The regulatory framework aims to maintain market integrity by providing investors with timely access to pertinent information regarding share dealings by key individuals in the company. Sitara Chemical Industries Limited, a notable entity in the chemicals sector, is subject to these regulations as part of its listing on the PSX.