Karachi, A significant transaction has been executed by Asif Nathani, a substantial shareholder, involving the purchase of shares in First Paramount Modaraba, as disclosed in the latest financial announcements to the Pakistan Stock Exchange (PSE).

On April 9, 2024, Asif Nathani acquired 14,000 shares at a price of 6.62 per share. The shares were purchased in a ready form through the Central Depository Company (CDC). This transaction falls under the scrutiny of regulatory compliance as per the Pakistan Stock Exchange Regulations, specifically clause No. 5.6:1.{d).

The transaction will be discussed in the upcoming board meeting of First Paramount Modaraba. The board will review the details of the transaction and address any potential non-compliance issues as mandated by the PSX Regulations.