Karachi: First Paramount Modaraba Limited disclosed on November 4, 2025, that a substantial certificate holder, Asif Nathani, executed transactions involving the acquisition of additional shares in the Modaraba. The transactions, conducted in compliance with the regulations of the Pakistan Stock Exchange (PSX), were reported under the disclosure requirements for significant shareholders and company executives.

According to the information shared by the company, Asif Nathani, a substantial certificate holder, purchased 24,653 shares at a rate of 12.49 per share on October 31, 2025. This acquisition increased his cumulative number of shares to 1,656,315, marking a 12.01% stake in the company.

On November 3, 2025, Nathani further increased his holdings by acquiring an additional 5,000 shares at a price of 12.50 per share. This purchase brought his total share count to 1,661,315, resulting in a cumulative percentage of 12.05%.

According to information available from the Pakistan Stock Exchange (PSX), such transactions are required to be presented during the subsequent board meeting. This ensures compliance with PSX regulations, specifically clause No. 5.6.1.(d), which mandates the reporting of such transactions for consideration and to address any potential non-compliance.

The company confirmed that the recent acquisitions would be duly noted at the next board meeting, and any issues concerning compliance will be addressed. The information has been disseminated to market participants to ensure transparency and adherence to regulatory requirements in the market category of stock exchanges.