Karachi: Sitara Peroxide Limited, a prominent name in the chemicals sector, has released details concerning a recent transaction involving its shares. The disclosure is made in compliance with PSX Regulation 5.6.4, which mandates transparency regarding transactions executed by company insiders.
On May 16, 2025, Mrs. Sharmeen Imran, a Non-Executive Director of Sitara Peroxide Limited, acquired 250,000 shares at a rate of 13.50 per share. This purchase brings her total holdings in the company to 2,884,435 shares, which translates to a cumulative ownership percentage of 5.23%.
According to information available from the Pakistan Stock Exchange (PSX), this transaction falls under the 'Ready' market category, indicating that the shares were purchased for immediate delivery. The acquisition signifies a continued commitment by Mrs. Imran to increase her stake in the company, aligning with strategic interests and potential future growth plans.
This disclosure provides stakeholders and market participants with critical insights into the activities of significant shareholders within Sitara Peroxide Limited, reflecting the company's adherence to regulatory requirements set forth by the Pakistan Stock Exchange.