Karachi: A non-executive director of First Elite Capital Modaraba, Muhammad Javed Amin, has disclosed a notable transaction in the company's shares, as per the regulations governing disclosures of interest under Pakistan Stock Exchange (PSX) Regulation 5.6.4.

According to the official statement, Muhammad Javed Amin executed a purchase of 7,000 shares at a rate of 13.20 per share in the ready market on April 28, 2025. This transaction increases his cumulative shareholding to 790,076 shares, representing a 6.97% stake in the company.

According to information available from the Pakistan Stock Exchange (PSX), the transaction was conducted in compliance with the disclosure requirements that mandate relevant persons, including directors, CEOs, executives, substantial shareholders, their spouses, and minors, to report their dealings in the company's shares. This disclosure ensures transparency in shareholding and trading activities by key individuals associated with the company.

First Elite Capital Modaraba operates within the designated market category of the Pakistan Stock Exchange, adhering to the regulatory framework that seeks to foster transparency and accountability in the trading of securities.