Independent Director Sells Stake in Trust Modaraba

Karachi: An independent director on the Board of Trust Modaraba, Mr. Etrat Hussain Rizvi, has executed a transaction involving the sale of shares, according to a disclosure released on October 8, 2025. The transaction details, which were provided by Mr. Rizvi himself, indicate a sale of 500 shares at a rate of 46.0 per share.

According to information available from the Pakistan Stock Exchange (PSX), Mr. Rizvi’s transaction on October 7, 2025, signifies a change in his cumulative shareholding. The sale leaves him with no remaining shares in Trust Modaraba, as indicated by the disclosure document.

The transaction was completed on the ready market and involved the use of Central Depository Company (CDC) certificates. The current disclosure does not specify any change in percentage value, indicating no change in Mr. Rizvi’s market position relative to the company’s total shares.