Karachi: Trust Modaraba, a financial entity listed on the Pakistan Stock Exchange (PSX), has announced a recent transaction involving one of its shareholders. On March 10, 2025, Trust Modaraba disclosed a transaction executed by Mr. Faisal Abdul Sattar Pakhali, whose CNIC is 423010836497-1.

The transaction, dated March 7, 2025, involved the purchase of 141,676 shares at an average rate of 4.13 per share. Following this acquisition, Mr. Pakhali's cumulative shareholding in Trust Modaraba now stands at 6,952,149 shares. This represents 23.32 percent of the total shares in the company.

According to information available from the Pakistan Stock Exchange (PSX), the transaction was conducted in the ready market and involved certificates held in the Central Depository Company (CDC) format. This acquisition marks a significant increase in Mr. Pakhali's holdings in the company.

Trust Modaraba operates within the designated market category of modarabas, which encompasses financial institutions based on Islamic financing principles.