Karachi: First Elite Capital Modaraba has reported the acquisition of shares by a non-executive director, in compliance with Pakistan Stock Exchange regulations. The transaction was disclosed in adherence to PSX Regulation 5.6.4, which mandates the disclosure of interest by relevant persons holding company shares.

According to the disclosure, Muhammad Javed Amin, a non-executive director of First Elite Capital Modaraba, executed a purchase of shares. The transaction involved the acquisition of 598 shares at a rate of 36.00 each in the ready market. This transaction was completed on July 17, 2025. Following this acquisition, the cumulative number of shares held by Mr. Amin stands at 721,110, which represents a cumulative percentage of 6.36.

The disclosure comes as part of the regulatory requirements to ensure transparency and accountability in the holding and trading of company shares by directors, executives, and substantial shareholders. According to information available from the Pakistan Stock Exchange (PSX), such disclosures are critical for maintaining market integrity and investor confidence.

The designated market category for this transaction is the ready market, where shares are traded for immediate delivery and settlement. The transaction represents a minor move in terms of percentage change in the cumulative shares held by Mr. Amin.