Sitara Chemical Industries Limited Executive Director Sells Shares Amid Regulatory Disclosure

Karachi: Sitara Chemical Industries Limited has disclosed a transaction involving its Executive Director, Mr. Haseeb Ahmad, who executed a significant sale of shares, as per regulatory requirements.

On April 4, 2025, Sitara Chemical Industries Limited reported the sale of shares by Mr. Haseeb Ahmad, an Executive Director of the company, under the Pakistan Stock Exchange Regulation 5.6.4. The transaction was executed on April 3, 2025, within the designated market category of CDC Ready.

According to information available from the Pakistan Stock Exchange (PSX), Mr. Ahmad sold a total of 2,680 shares at a rate of 370.26 per share. Following this transaction, the cumulative number of shares held by Mr. Ahmad stands at 318,075, constituting 1.48 percent of the company's total shares.

This disclosure aligns with regulatory requirements aimed at promoting transparency and accountability in shareholding patterns among significant stakeholders of publicly listed companies.