Karachi: A significant transaction involving the certificates of First Paramount Modaraba has been reported, as disclosed by the company in compliance with Pakistan Stock Exchange (PSX) regulations. According to the report dated June 4, 2026, Asif Nathani, a substantial certificate holder, executed a purchase of 10,000 shares on June 3, 2026.
The shares were acquired at a rate of 13.95 each, bringing the cumulative number of shares held by Nathani to 1,793,575, which represents a cumulative percentage of 13.01%. This transaction marks a moderate move in Nathani’s holdings within the company.
According to information available from the Pakistan Stock Exchange (PSX), the transaction will be reviewed at the upcoming board meeting of First Paramount Modaraba. The meeting will address any non-compliance issues related to the transaction as stipulated under clause No. 5.6.1.(d) of PSX Regulations.
Market participants have been duly informed of this development, ensuring transparency and adherence to regulatory requirements.