Karachi: First Elite Capital Modaraba has reported recent share transactions involving its non-executive director and other related individuals. These transactions have been disclosed in compliance with Pakistan Stock Exchange (PSX) Regulation 5.6.4.
The transactions, which took place in July 2025, involved Muhammad Javed Amin, a non-executive director of the Modaraba. According to the disclosure, Amin executed several purchases of the company's shares. On July 7, he acquired 2,300 shares at a price of 38.13 per share, bringing his cumulative shareholding to 717,523, representing 6.33% of the company. The following day, he bought 11 additional shares at 37.00 per share, maintaining his cumulative percentage. On July 9, he purchased 478 shares at 37.13 per share, and on July 10, he acquired 500 shares at 37.16 per share, slightly increasing his cumulative shareholding to 718,512, with a cumulative percentage of 6.34.
In a separate transaction, Shahana Javed Amin, also a non-executive director, sold 957 shares on July 4 at a rate of 36.17 per share. This transaction adjusted her cumulative shareholding to 92,980, which represents 0.82% of the company.
Additionally, Ayesha Aslam, the spouse of Sheikh Muhammad Ali Asif, an independent director, executed a purchase on July 10. She acquired 10 shares at a rate of 37.97 per share, resulting in a cumulative holding of 130 shares, maintaining her percentage shareholding at 0.00.
According to information available from the Pakistan Stock Exchange (PSX), these transactions are categorized under the designated market category. The disclosures are part of the regulatory requirements to ensure transparency and provide stakeholders with pertinent information regarding significant shareholding changes within the company.