Sitara Chemical Industries Announces Profit Payment Amid Regulatory Compliance

Karachi: Sitara Chemical Industries Limited has announced a profit payment as part of its corporate action plan, in accordance with the stipulations of the Central Depositories Company (CDC) Regulations. The announcement was made on August 8, 2025, detailing pertinent information regarding regulatory compliance and upcoming financial actions.

In alignment with Regulation Nos. 12.1.1, 12.2.1, and 12.4.1 of the CDC Regulations, Sitara Chemical Industries Limited disclosed its decision to issue a profit payment on August 13, 2025. This development follows the closure of share transfer books scheduled for August 12, 2025, which complies with Regulation No. 12.1.1.

The company, however, did not specify dates for the Notice of Annual or Extraordinary General Meeting, nor did it indicate plans for the allotment of bonus securities, as noted under Regulation Nos. 12.2.1 and 12.4.1, respectively. Consequently, shareholders will not receive any notifications or additional securities at this time.

According to information available from the Pakistan Stock Exchange (PSX), Sitara Chemical Industries Limited is classified under the designated market category of chemical industries. The company has advised account holders and sub-account holders to provide registration details in accordance with the Central Depositories Act of 1997 and applicable CDC Regulations.