Karachi: The Pakistan Stock Exchange (PSX) has received a disclosure regarding recent transactions involving Trust Modaraba certificates by investor Faisal Abdul Sattar Pakhali. According to the information provided, Mr. Pakhali executed a purchase of 50,000 shares in the ready market at an average rate of 4.77 per share. The transaction took place on April 23, 2025.
This latest acquisition brings Mr. Pakhali’s cumulative shareholding in Trust Modaraba to 10.60 million shares, representing 35.57% of the shareholding in the company. According to information available from the Pakistan Stock Exchange (PSX), these transactions were carried out in the Central Depository Company (CDC) format, indicating the use of electronic book-entry securities.
The details of the transactions were disclosed as part of a regulatory requirement to ensure transparency and compliance within the designated market category. The Pakistan Stock Exchange mandates such disclosures to keep the stakeholders informed about significant changes in shareholdings by individuals with substantial interests in listed entities.