Karachi: Sitara Petroleum Service Limited has disclosed a recent transaction involving its shares, executed by an executive of the company, as per the regulatory requirements of the Pakistan Stock Exchange. The disclosure, dated July 3, 2026, provides insights into the shareholding activities within the company.

According to the official communication from Sitara Petroleum Service Limited, Abdur Rehman Farooq Butt, an executive of the company, conducted a transaction on June 29, 2026. The transaction involved the purchase of 24,800 shares at a rate of 18.50 per share. Following this acquisition, Mr. Butt's cumulative shareholding stands at 34,496 shares.

According to information available from the Pakistan Stock Exchange (PSX), the cumulative percentage of Mr. Butt's shareholding remains at 0.00%, indicating no significant change in his overall stake in the company.

Such disclosures are mandated under PSX Regulation 5.6.4 to maintain transparency and inform stakeholders about transactions by key individuals within a company. The transaction falls within the context of the ready market, a designated market category, ensuring the timely and efficient execution of trades.