Karachi: In a notable transaction within the financial sector, an executive director of Invest Capital Investment Bank Limited has executed a substantial transfer of shares. On October 7, 2025, Fiza Zahid, serving as Executive Director, carried out a "gift out" transaction involving 64,223,125 shares of the company.
According to information available from the Pakistan Stock Exchange (PSX), the shares were transferred at a rate of 0.00, resulting in a remaining cumulative shareholding of 1,000 shares, representing a cumulative percentage of 0.00%. This movement reflects a very large or significant move in the executive's shareholding position.
Such transactions are closely monitored under PSX Regulation 5.6.4, which mandates the disclosure of interests by directors, CEOs, executives, substantial shareholders, and their immediate family members. The designation of these movements is critical in ensuring transparency and maintaining market integrity.