Material Information of Jahangir Siddiqui and Company Limited

Karachi, Jahangir Siddiqui and Company limited informed Pakistan Stock Exchange that the company have acquired on August 02, 2022, 100,000 voting shares of Sitara Chemical Industries Limited at the rate of Rs. 330.56 per share.

Jahangir Siddiqui & Co. Limited is primarily an investment company in financial services and also makes long term investments in growing companies in Pakistan. In financial services, its investments cover all sectors including asset management, commercial banking, investment banking, Islamic banking, securities brokerage and insurance. JSCL also benefits from strategic long term investments including in technology, transportation, media, and industrial sector companies. The Company was incorporated in Pakistan on May 04, 1991 as a public unquoted company.

The total numbers of shares are 915,942,388. The Earnings per share is 1.32 in 2020 which was 0.39 in 2019. The Profit after Taxation is 1,205,007,000 in 2020 which was 359,810,000 in 2019.