Karachi: The First Fidelity Leasing Modaraba has disclosed a significant transaction involving its shares, carried out by a substantial shareholder, as mandated by the Pakistan Stock Exchange (PSX) regulations. According to documents dated December 29, 2025, the substantial shareholder, identified as MRAN, executed a sell transaction involving 65,000 shares of the company.

The transaction was executed on December 19, 2025, at a market rate of 11.70 per share. This sale brings MRAN’s cumulative holding to 65,000 shares, representing a cumulative percentage of 11.59. According to information available from the Pakistan Stock Exchange (PSX), this transaction reflects a noteworthy adjustment in the shareholder structure of the company.

As per the regulations, such transactions by directors, the CEO, executives, substantial shareholders, their spouses, and minors are to be presented by the company secretary at the board of directors’ meeting immediately following the transaction. Additionally, the minutes of these transactions must be submitted via Form-30 of the Correspondence Manual through the PUCARS system.

The disclosure also emphasizes the need for a holding period exceeding six months for these transactions. Should the holding period be less than six months, any profits realized must be deposited with the Securities and Exchange Commission of Pakistan (SECP) in accordance with Section 105 of the Securities Act, 2015, with intimation to the PSX.

Furthermore, the company is required to update the requisite details in the UIN Management System promptly. This transaction has been classified as a very large or significant move, reflecting its impact on the market and investor sentiment.