β‘ Flash Summary
On November 28, 2025, Mr. Nadeem Nisar, a substantial shareholder of Sitara Peroxide Limited, purchased 321,511 shares at a rate of 81.57 per share. This transaction was executed through the Central Depository Company (CDC) and has increased Mr. Nisar’s cumulative shareholding to 6,575,961 shares, representing 11.93% of the company. This disclosure is made in compliance with the regulations of the Pakistan Stock Exchange (PSX). The announcement indicates insider confidence in the company.
π Key Takeaways
- ποΈ Transaction Date: November 28, 2025
- π€ Investor: Mr. Nadeem Nisar (Substantial Shareholder)
- π Nature of Transaction: Purchase of shares
- π° Number of Shares Purchased: 321,511
- π² Purchase Rate: PKR 81.57 per share
- π¦ Form of Share Certificates: CDC (Central Depository Company)
- π¦ Market: Ready Market
- π Cumulative Shareholding Post-Transaction: 6,575,961 shares
- βοΈ Percentage of Shareholding Post-Transaction: 11.93%
- π Regulatory Compliance: Disclosure under PSX Regulations 5.6.4
- βοΈ Acknowledgment Request: Company requested to update records
- π Implication: Indicates insider confidence in Sitara Peroxide Limited
π― Investment Thesis
Based on the information, a HOLD recommendation is appropriate. The increased stake by a substantial shareholder is a positive sign. The rationale behind the recommendation is this event suggests confidence, further due diligence into Sitara Peroxide’s financials and operations is needed before committing to a BUY.
Disclaimer: AI-generated analysis. Not financial advice.