Karachi: Recent transactions involving shares of First Elite Capital Modaraba have been disclosed under the Pakistan Stock Exchange (PSX) Regulation 5.6.4. The transactions, executed by non-executive directors and substantial shareholders of the company, reveal a series of sales spanning two days in June 2025.

On June 24, 2025, Muhammad Javed Amin, a non-executive director, sold 2,000 shares at a rate of 40.57 each. This transaction resulted in a cumulative holding of 718,906 shares, representing 6.34% of the company's shares. The sale price reflects a Minor move in the stock value.

The following day, June 25, 2025, further transactions were recorded. Muhammad Javed Amin sold an additional 1,000 shares at a rate of 44.63 each. This sale brought his cumulative shareholding to 717,906, which accounts for 6.33% of the company's shares. The price per share on this day indicates a Minor move.

Additionally, Shahana Javed Amin, also a non-executive director, sold 1,000 shares on June 25, 2025, at the same rate of 44.63 per share. Her cumulative holding after this transaction stood at 105,000 shares, amounting to 0.93% of the total shares. This sale also marked a Minor move in the share price.

According to information available from the Pakistan Stock Exchange (PSX), these transactions are part of routine disclosures mandated for transparency and regulatory compliance. The designated market category for these transactions is the Ready market, where such dealings are executed and reported.