Karachi: Sitara Chemical Industries Limited has reported a recent transaction involving its associated company, M/s. Sitara Developers (Private) Limited, according to a material information disclosure. The report, dated June 5, 2026, indicates that Sitara Developers has acquired 3,400 shares of Sitara Chemical Industries Limited at a price of Rs. 888.94 per share. This transaction was executed through the Pakistan Stock Exchange Limited on June 4, 2026.

According to information available from the Pakistan Stock Exchange (PSX), the transaction aligns with the regulatory requirements set forth in Section 96 of the Securities Act, 2015, and Clause 5.6.1 (a) of PSX Regulations. This acquisition of shares reflects a strategic move by Sitara Developers to increase its stake in Sitara Chemical Industries Limited, though the specific implications of this purchase on both companies’ operations remain to be seen.

The designated market category for Sitara Chemical Industries Limited is Chemicals, highlighting its primary field of business operations. The company’s activities and developments continue to be closely watched by investors and industry analysts, given its role in the chemical sector.