Karachi: A recent disclosure from First Elite Capital Modaraba revealed that Muhammad Javed Amin, a Non-Executive Director, executed a series of share sales. The transactions were disclosed under the Pakistan Stock Exchange (PSX) Regulation 5.6.4, which mandates the disclosure of interest by relevant persons holding company shares.
On June 13, 2025, Muhammad Javed Amin sold 3,600 shares at a rate of 37.99 per share in the ready market. This sale resulted in a cumulative holding of 727,676 shares, representing 6.42% of the total shares.
Subsequently, on June 17, 2025, Amin sold an additional 1,070 shares at 36.00 per share. This transaction brought his cumulative holding to 726,606 shares, accounting for 6.41% of the company’s shares.
According to information available from the Pakistan Stock Exchange (PSX), the sales represent a minor move, as the cumulative percentage change in Amin's shareholding is relatively modest.
These transactions reflect the ongoing adjustments in shareholding by company executives and related parties, as per regulatory requirements. The designated market category for these transactions is 'Ready.'