Trust Modaraba Sees Significant Share Transaction by Faisal Abdul Sattar Pakhali

Karachi: Trust Modaraba announced a significant share transaction involving its certificates, executed by Mr. Faisal Abdul Sattar Pakhali. The transaction was disclosed in compliance with regulatory requirements, detailing Mr. Pakhali's involvement in the sale of a substantial number of shares.

On July 15, 2025, Faisal Abdul Sattar Pakhali sold 14.97 million shares of Trust Modaraba in a ready market transaction. The average rate per share was reported at 5.78. This transaction resulted in Mr. Pakhali holding no remaining shares in the company, effectively reducing his cumulative shareholding to zero.

According to information available from the Pakistan Stock Exchange (PSX), this trading activity of Trust Modaraba certificates represents a very large or significant move in terms of percentage change. The sale is noteworthy within the designated market category, reflecting a substantial shift in Mr. Pakhali's investment in Trust Modaraba.

This disclosure of interest is part of the ongoing transparency measures required by market regulations to ensure that all stakeholders are informed of material changes in shareholding structures within listed entities.