Karachi: Dosslani Securities Private Limited, a substantial shareholder in First IBL Modaraba, has executed a notable transaction involving the sale of shares, as per recent disclosures under Pakistan Stock Exchange (PSX) Regulation 5.6.4. The transaction reflects a significant move in the company's shareholdings.

According to the information disclosed, Dosslani Securities sold a total of 1.00 million shares at a rate of 0.10 per share on July 23, 2025. The sale was executed in the NDM market and was conducted through the Central Depository Company (CDC).

Following the transaction, the cumulative number of shares held by Dosslani Securities amounts to 570,000, which represents a cumulative percentage holding of 2.63% in First IBL Modaraba. This transaction marks a very large or significant move in the ownership structure of the company.

According to information available from the Pakistan Stock Exchange (PSX), this disclosure is part of the regulatory requirements for substantial shareholders, as well as directors, CEOs, executives, and their immediate family members to report their shareholding activities. The transaction aligns with these requirements, ensuring transparency in the market.

The designated market category for First IBL Modaraba is not specified in the available data. The transaction by Dosslani Securities highlights ongoing changes in shareholding patterns within the company.