Karachi: First Elite Capital Modaraba has reported recent share transactions involving key personnel, shedding light on the trading activities of its non-executive directors. The disclosure, made under the Pakistan Stock Exchange's Regulation 5.6.4, highlights the movements of shares by Muhammad Javed Amin and Shahana Javed Amin.
On July 25, 2025, Muhammad Javed Amin, a non-executive director, purchased 1,200 shares at a rate of 36.03 per share. This transaction increased his cumulative shareholding to 722,310 shares, reflecting a cumulative percentage of 6.37. The transaction is categorized as a Minor move based on the percentage change in price.
In contrast, Shahana Javed Amin, also a non-executive director, executed a sale of 7,431 shares at a rate of 35.77 per share on July 23, 2025. Post-transaction, her cumulative shareholding stands at 86,750 shares, accounting for a cumulative percentage of 0.76. The transaction is classified as a Minor move in terms of the percentage price change.
According to information available from the Pakistan Stock Exchange (PSX), these transactions are part of ongoing disclosures required to ensure transparency and compliance with financial regulations.
First Elite Capital Modaraba operates within the designated market category of Modaraba, a form of Islamic financial institution that operates under the principles of Islamic law. The recent trades by its non-executive directors provide insights into the internal activities of the company as it navigates the financial landscape.