Karachi: First Paramount Modaraba, a prominent entity listed on the Pakistan Stock Exchange, has disclosed a series of transactions carried out by a substantial certificate holder, Asif Nathani. According to the information released, Nathani executed two separate purchases of share certificates within the span of two days.

On January 12, 2026, Nathani acquired 987 shares at a rate of 12.80 per share. This transaction took place in the ready market and increased his cumulative number of shares to 1,693,932, representing a 12.29% stake in the Modaraba. The following day, January 13, 2026, he further increased his holding by purchasing an additional 2,500 shares at a rate of 12.93 per share. This brought his cumulative holdings to 1,696,432 shares, nudging his ownership percentage to 12.30%.

According to information available from the Pakistan Stock Exchange (PSX), these transactions by Nathani are significant enough to be disclosed under the regulatory framework governing disclosures of interest by directors, CEOs, executives, and substantial shareholders. The disclosure is in compliance with clause No. 5.6.1.(d) of PSX Regulations, which mandates the reporting of such transactions to ensure transparency and inform market participants of any potential changes in substantial holdings.

The management of First Paramount Modaraba has confirmed that these transactions will be reviewed in an upcoming board meeting. The meeting will address any non-compliance issues, if present, and ensure that all procedural requirements are duly met. The Modaraba has pledged to keep the exchange informed of the outcomes and any further developments regarding this matter.