Karachi: A non-executive director of Sitara Energy Limited has recently increased his shareholding in the company, according to a disclosure released as per PSX Regulation 5.6.9. On December 16, 2025, Tahir Ibrahim, a non-executive director, purchased 3,000 shares of the company.

The transaction was executed in the ready market form of share certificates. This acquisition has brought the cumulative number of shares held by Ibrahim to 34.02430475, which translates to a cumulative percentage of 2.25%. The transaction was reported under the Pakistan Stock Exchange's regulatory framework, which mandates the disclosure of interest by directors, executives, and substantial shareholders.

According to information available from the Pakistan Stock Exchange (PSX), the transaction by Ibrahim does not fall within the closed period restrictions, which prohibit directors and executives from dealing in the company's shares. The PSX guidelines also require such transactions to be presented at the subsequent Board of Directors meeting and documented through the appropriate channels.

The designated market category for this transaction was identified as 'Ready,' as per the details released. The disclosure notes also emphasize compliance with the holding period requirements and obligations under the Securities Act, 2015.