Karachi: Recent disclosures from First Elite Capital Modaraba reveal significant trading activities involving the company's non-executive director, Mohammad Javed Amin, and his spouse, Shahana Javed Amin, according to information available from the Pakistan Stock Exchange (PSX). The transactions occurred over several days in early July 2025.
On July 1, 2025, Mohammad Javed Amin executed a sale of 900 shares at a rate of 37.04, resulting in a cumulative holding of 711,173 shares, which accounts for 6.27% of the company's total shares. In a subsequent move on July 3, 2025, he purchased 3,000 shares at a rate of 34.40, increasing his shareholding to 714,173 shares or 6.30%.
The following day, July 4, 2025, saw further activity with Amin buying an additional 1,050 shares at 37.34, boosting his cumulative share count to 715,223 shares, representing 6.31% of the company's holdings. On the same day, he also sold 3,063 shares at 34.45, reducing his total to 93,937 shares, which constitutes 0.83% of the company's shares.
Additionally, Shahana Javed Amin engaged in trading on July 1, 2025, selling 1,500 shares at a rate of 36.74. This transaction brought her cumulative shareholding to 97,000 shares, equating to 0.86% of the company’s total shares.
These transactions reflect a very large or significant move in the trading patterns of the company's shares, particularly given the volume and value involved. The activity within the designated market category underlines the dynamic nature of shareholding changes within First Elite Capital Modaraba.