Karachi: Recent disclosures have unveiled a series of share sales executed by non-executive directors of First Elite Capital Modaraba. The transactions, conducted under the regulatory framework of the Pakistan Stock Exchange (PSX), involved the selling of shares by Muhammad Javed Amin and Shahana Javed Amin.

According to information available from the Pakistan Stock Exchange (PSX), Muhammad Javed Amin, a non-executive director of the company, initiated two separate transactions. On June 10, 2025, he sold 5,000 shares at a rate of 34.87 per share. This transaction resulted in a cumulative holding of 737,076 shares, representing 6.50% of the company's total shares. The following day, June 11, 2025, he sold an additional 3,000 shares at a higher rate of 38.36 per share, decreasing his cumulative holding to 734,076 shares, or 6.47%.

In a separate transaction on June 10, 2025, Shahana Javed Amin, also a non-executive director, sold 9,000 shares at the rate of 34.87 per share. This sale left her with a cumulative holding of 114,500 shares, accounting for 1.01% of the company's shares.

These transactions are part of the regular disclosures required by PSX Regulation 6.4, ensuring transparency and accountability among company insiders. The designated market category for these transactions is the ready market. The transactions reflect the ongoing engagement of the company's directors with the stock market, providing insights into their investment strategies and responses to market conditions.