Karachi: Trust Modaraba has disclosed a significant transaction involving its certificates, executed by Mr. Faisal Abdul Sattar Pakhali, a notable shareholder. According to a statement released, Mr. Pakhali, identified by CNIC # 42301-0836497-1, completed a substantial purchase of certificates.
On June 12, 2025, Mr. Pakhali executed a buy transaction involving 66,235 certificates of Trust Modaraba on the ready market. The certificates were acquired at an average rate of 6.95. This transaction has resulted in Mr. Pakhali's cumulative shareholding in Trust Modaraba reaching 14,901,008 shares, which constitutes 50% of the total shareholding.
Trust Modaraba operates within the designated market category of the Pakistan Stock Exchange (PSX). According to information available from the Pakistan Stock Exchange (PSX), this transaction represents a significant movement in shareholding for Trust Modaraba.
The disclosure of interest serves to inform stakeholders of the changes in shareholding, ensuring transparency and compliance with regulatory requirements. The transaction highlights Mr. Pakhali's substantial stake in Trust Modaraba.