Karachi: Sitara Energy Limited (SEL) is currently under regulatory observation following an unusual movement in the price of its shares, as noted by the Pakistan Stock Exchange (PSX). The fluctuation in SEL’s stock price has prompted the PSX to request a formal disclosure from the company to ensure compliance with existing securities regulations.

According to information available from the Pakistan Stock Exchange (PSX), the observation of unusual stock price activity has necessitated action under Section 97 of the Securities Act, 2015, and clause 5.6.3 of PSX Regulations. These regulations require listed companies to either disclose any relevant developments that might explain the unusual movement or confirm the absence of such developments.

The PSX’s regulatory framework mandates that any material or price-sensitive information likely to impact the stock’s price or trading volume should be promptly disseminated to the public. In line with these requirements, SEL has been advised to provide comprehensive information to clarify its position regarding the observed stock price movement.

As of the date of the notice, December 11, 2025, SEL is expected to use the PUCARS system to share any pertinent information with the public, ensuring transparency in accordance with PSX Regulation 5.6.1.