Karachi: A notable transaction has been executed involving the shares of Sitara Peroxide Limited, as disclosed on November 24, 2025. Mr. Tariq Nisar, identified as a substantial shareholder of the company, has increased his stake through a series of purchases over three consecutive days, raising his cumulative shareholding to 8.75%.
On November 17, 2025, Mr. Nisar acquired 817,059 shares at a rate of 38.35 per share, followed by an additional purchase of 200,000 shares on November 18, 2025, at 43.02 per share. The buying spree culminated on November 20, 2025, with the acquisition of 409,295 shares at 51.04 per share. These transactions have been executed in the ready market with Central Depository Company (CDC) share certificates, reflecting a cumulative shareholding increase from 7.64% to 8.75%.
According to information available from the Pakistan Stock Exchange (PSX), the percentage change in Mr. Nisar’s shareholding indicates a big move. The transactions highlight a significant increase in his investment in the company.
This disclosure comes under section 5.6.4 of the PSX Regulations, mandating transparency in transactions by directors, CEOs, executives, their spouses, and substantial shareholders of listed companies. The market category of these transactions has been designated as ready, indicating their immediate execution and settlement.