Karachi: First Elite Capital Modaraba has disclosed recent share transactions executed by one of its non-executive directors, Muhammad Javed Amin, indicating an increase in his stake within the company. According to documents dated April 15, 2026, Amin made two separate purchases of shares in the company over two consecutive days.
The transactions took place in the ready market, with Amin purchasing 1,270 shares on April 13, 2026, followed by an additional 267 shares on April 14, 2026. Both transactions were executed at a rate of 17.00 per share. Following these acquisitions, Amin’s cumulative holding in First Elite Capital Modaraba stands at 363,842 shares, maintaining a cumulative percentage of 3.21% of the company’s total issued shares.
According to information available from the Pakistan Stock Exchange (PSX), the cumulative percentage of shares held by Muhammad Javed Amin represents a moderate move, reflecting a strategic decision to strengthen his position within the company. It is noteworthy that the transactions have been conducted in compliance with PSX Regulation 5.6.4, concerning the disclosure of interests by relevant persons holding the company’s shares.
The market activities surrounding First Elite Capital Modaraba are closely watched by investors and stakeholders within the designated market category. The disclosure of these transactions is part of the company’s commitment to transparency and adherence to regulatory requirements set forth by the PSX.