Karachi: A significant transaction involving Trust Modaraba certificates was executed recently, resulting in a notable change in the company's shareholding structure. The transaction, carried out by Mr. Faisal Abdul Sattar Pakhali, was disclosed as part of a regulatory filing with the Pakistan Stock Exchange (PSX).
On June 20, 2025, Mr. Pakhali executed a purchase of 8,881 shares at an average rate of 6.81 per share in the ready market. This transaction increased his cumulative shareholding in Trust Modaraba to 15,118,512 shares, representing 50.73% of the total shares. According to information available from the Pakistan Stock Exchange (PSX), this transaction represents a very large or significant move in the market, given the substantial percentage increase in Mr. Pakhali's holdings.
The designated market category for Trust Modaraba, as reported, indicates the competitive and regulated environment in which these transactions are conducted. This recent activity underscores a strategic move by Mr. Pakhali, impacting the share dynamics within Trust Modaraba significantly.