Karachi: In a notable development, Trust Modaraba has reported a significant transaction involving its certificates, which has resulted in a considerable shift in the company's shareholding structure. According to a disclosure of interest notice, Mr. Faisal Abdul Sattar Pakhali executed a transaction that has altered the landscape of the company's ownership.

On July 9, 2025, Mr. Pakhali, a key stakeholder in Trust Modaraba, purchased 1,142 certificates at an average rate of 8.71. This acquisition has propelled his cumulative shareholding to a total of 16.35 million shares, marking a controlling interest of 54.87%.

According to information available from the Pakistan Stock Exchange (PSX), this transaction represents a big move in the ownership distribution of Trust Modaraba, reflecting a strategic consolidation by Mr. Pakhali.

Trust Modaraba operates within the designated market category of financial services, and such transactions are subject to regulatory scrutiny to ensure transparency and compliance. The impact of this transaction may influence future strategic decisions and governance of the company.

Market analysts are closely monitoring the situation to assess potential implications for Trust Modaraba and its stakeholders, as the increased concentration of control could have significant ramifications for both corporate governance and investor confidence.