Karachi: In a recent disclosure filed under the Pakistan Stock Exchange (PSX) Regulation 5.6.4, significant transactions involving shares of First Elite Capital Modaraba have been reported. These transactions were executed by key individuals associated with the company, including Non-Executive Directors and their immediate family members.

On June 12, 2025, Muhammad Javed Amin, a Non-Executive Director of First Elite Capital Modaraba, sold 2,800 shares at a rate of 42.20 per share. Following this transaction, his cumulative shareholding in the company stands at 731,276 shares, representing a 6.45% stake in the company.

The following day, June 13, 2025, Shahana Javed Amin, also a Non-Executive Director, sold 4,000 shares at a rate of 37.98 per share. Her cumulative holdings now amount to 110,500 shares, which constitutes a 0.97% stake.

According to information available from the Pakistan Stock Exchange (PSX), these transactions are part of the regulatory requirements that mandate the disclosure of interests by directors, executives, and significant shareholders, including their spouses and minors, in the listed company’s shares. This ensures transparency and provides stakeholders with insights into the trading activities of those in positions of influence within the company.

The market category for this transaction was designated as "Ready," indicating the shares were traded for immediate delivery and payment. The disclosed transactions reflect ongoing compliance with PSX regulations by First Elite Capital Modaraba's directors and executives.