Trust Modaraba Shares See Substantial Acquisition by Faisal Abdul Sattar Pakhali

Karachi: In a significant development on the Pakistan Stock Exchange (PSX), Mr. Faisal Abdul Sattar Pakhali has executed a noteworthy transaction involving the acquisition of shares in Trust Modaraba. This disclosure was made in accordance with the rules governing the PSX, which require transparency in dealings of this nature.

On March 20, 2025, Mr. Pakhali, identified by CNIC # 423010836497-1, engaged in the purchase of 210,973 shares of Trust Modaraba at an average rate of 4.27 per share. This transaction was executed in the Central Depository Company (CDC) market category and falls under the Ready Market classification.

Prior to this transaction, Mr. Pakhali held a cumulative shareholding of 8,282,500 shares in Trust Modaraba. Following the recent acquisition, his shareholding represents 27.79 percent of the total shares of the entity.

According to information available from the Pakistan Stock Exchange (PSX), the transaction aligns with the regulatory framework that mandates detailed disclosures for significant share dealings. The acquisition highlights active participation and interest in Trust Modaraba’s financial activities by Mr. Pakhali.

This development is closely monitored by market participants and stakeholders within the financial sector, given its potential implications for Trust Modaraba’s market standing and investor perception.