Karachi, Sitara Chemical Industries Limited has disclosed significant transactions involving a substantial shareholder in the company's shares. Details of these transactions are as follows:

Substantial Shareholder Transactions:

On August 29, 2023, Jahangir Siddiqui & Company Limited, a substantial shareholder in Sitara Chemical Industries Limited, executed two separate sell transactions. In the first transaction, they sold 700,000 shares at a rate of 226.75 PKR per share. In the second transaction on the same day, they sold 800,000 shares at the same rate of 226.75 PKR per share. Both transactions were executed through the CDC (Central Depository Company) and were categorized as NDM (Normal Delivery Market).

On August 30, 2023, Jahangir Siddiqui & Company Limited continued to execute sell transactions. They sold 300,000 shares at a rate of 210.00 PKR per share in one transaction and 544,950 shares at a rate of 209.64 PKR per share in another transaction. Both of these transactions were also processed through the CDC's Normal Delivery Market.

These transactions indicate changes in the ownership of Sitara Chemical Industries Limited shares involving one of the company's substantial shareholders. Such disclosures are made to ensure transparency and compliance with regulatory requirements in the Pakistan Stock Exchange (PSX).

Sitara Chemical Industries Limited remains committed to keeping shareholders and the public informed about significant developments and transactions related to the company's shares in accordance with the PSX regulations.