Karachi: First Elite Capital Modaraba has announced a recent share acquisition by one of its non-executive directors, according to a disclosure provided under the Pakistan Stock Exchange (PSX) Regulation 5.6.4. This transaction disclosure, dated March 27, 2025, highlights the involvement of key personnel within the company in share dealings.

The disclosure outlines the purchase of 1,561 shares by Muhammad Javed Amin, a non-executive director of First Elite Capital Modaraba. The acquisition was executed on March 26, 2025, in the ready market, at a rate of 10.20 per share. This transaction brings the cumulative number of shares held by Mr. Amin to 783,076, which constitutes a cumulative percentage of 6.91% of the company's total shares.

According to information available from the Pakistan Stock Exchange (PSX), such disclosures are mandated for directors, executives, substantial shareholders, and their immediate family members, ensuring transparency and adherence to regulatory requirements. This specific transaction underscores the compliance with PSX regulations aimed at maintaining market integrity.

First Elite Capital Modaraba operates within the designated market category, adhering to the rules and regulations set forth by the PSX to regulate the trading activities and shareholding disclosures of its key personnel.