Karachi: In a recent transaction involving Trust Modaraba certificates, Mr. Faisal Abdul Sattar Pakhali has acquired a notable quantity of shares, impacting his total shareholding in the entity. The transaction, as disclosed, shows Mr. Pakhali purchasing 159,603 shares at an average rate of 4.87 per share. This acquisition was executed in the ready market on April 22, 2025.

Following this transaction, Mr. Pakhali's cumulative shareholding in Trust Modaraba stands at 10,550,000 shares, representing 35.40 percent of the total. The market classification for Trust Modaraba falls under the designated category of mutual funds and modarabas.

According to information available from the Pakistan Stock Exchange (PSX), such transactions are routinely disclosed to maintain transparency and inform stakeholders of significant changes in shareholding patterns.

This disclosure is part of Trust Modaraba's ongoing commitment to regulatory compliance and transparency in financial dealings. The details were officially communicated to ensure stakeholders are aware of any material changes in ownership and to uphold trust in the financial markets.