Karachi: Sitara Chemical Industries Limited has disclosed a recent transaction involving its shares, executed by a key member of its executive team. According to a regulatory filing with the Pakistan Stock Exchange (PSX), Mr. Haseeb Ahmad, an Executive Director at Sitara Chemical Industries, sold a portion of his shares in the company.

The transaction took place on April 9, 2025, in the ready market category. Mr. Ahmad disposed of 3,971 shares at a rate of 370.00 per share. This sale brings Mr. Ahmad's cumulative holding to 211,784 shares, equating to a 0.99% stake in the company.

According to information available from the Pakistan Stock Exchange (PSX), the disclosure was made in compliance with PSX Regulation 5.6.4, which mandates the reporting of share transactions by directors, executives, substantial shareholders, and their close associates.

The formal notification of this transaction was released to ensure transparency and maintain investor confidence in the market, as required under the regulatory framework governing listed companies.