Karachi: Sitara Chemical Industries Limited has announced the closure of its share transfer books for profit payment, as detailed in a notification issued on May 6, 2026. The company has scheduled the book closure from May 11, 2026, to May 12, 2026, in accordance with Regulation Nos. 12.1.1, 12.2.1, and 12.4.1 of the Central Depository Company (CDC) Regulations.

The announcement comes as the company prepares to manage its corporate actions, specifically regarding the Sitara Chemical Industries Limited – SUICUK Certificate 4th Issue. The closure of the share transfer books is part of the process to ensure an accurate and efficient profit payment to eligible shareholders.

According to information available from the Pakistan Stock Exchange (PSX), Sitara Chemical Industries Limited is complying with regulatory requirements to facilitate the distribution of entitlements as recommended by its Board of Directors. The notice outlines the need for shareholders to provide registration details of account holders and sub-account holders as per the provisions of the Central Depositories Act, 1997, and CDC Regulations.

The company has not provided specific dates for the Notice of Annual or Extra Ordinary General Meeting, nor for the allotment of bonus securities, indicating that these details are not applicable at this time. However, the focus remains on ensuring the smooth execution of the upcoming profit payment to its stakeholders.