Karachi: Trust Modaraba has disclosed that significant transactions involving its certificates were executed by Mr. Faisal Abdul Sattar Pakhali, according to documentation provided by him. These transactions took place in the second week of March 2025, indicating a noticeable movement in the shareholding of the company.

On March 14, 2025, Mr. Pakhali conducted a transaction in the ready market, acquiring 63,944 shares at an average rate of 4.33. This purchase increased his cumulative shareholding to 7,805,273, representing 26.19% of the company's total shares.

Subsequently, on March 17, 2025, Mr. Pakhali further engaged in the ready market, purchasing an additional 136,335 shares at an average rate of 4.35. This acquisition elevated his total shareholding to 7,941,608, amounting to 26.65% of the company's shares.

According to information available from the Pakistan Stock Exchange (PSX), these transactions highlight Mr. Pakhali's growing interest and investment in Trust Modaraba, a key player in the financial sector. The transactions are recorded under the Central Depository Company (CDC) format, which is a standard for holding securities in electronic form.

These developments are expected to impact the dynamics within Trust Modaraba, reflecting investor confidence and potential strategic interests in the market.