Sitara Chemical Industries Limited has announced details regarding the voting process for its upcoming Annual General Meeting (AGM) scheduled for October 27, 2026. Shareholders can vote on special business matters through a postal ballot.
- AGM scheduled for October 27, 2026, at 03:00 P.M.
- Venue: JS Auditorium, IBA City Campus, Karachi.
- Shareholders can vote on the disposal of approximately 3,306 Kanal of agricultural land located near Faisalabad.
- The proposed sale aims to utilize proceeds for reducing bank borrowings and funding new projects.
- Ballot papers must be submitted by October 26, 2026, to be considered valid.
- No related party transactions are involved in the proposed sale.
- The Board of Directors is authorized to negotiate and finalize the sale terms.