Trust Modaraba Transactions Executed by Faisal Abdul Sattar Pakhali

Karachi: In a disclosure of interest submitted to regulatory authorities, it was reported that significant transactions in the certificates of Trust Modaraba were executed by Mr. Faisal Abdul Sattar Pakhali. The transactions were carried out on May 30, 2025, with a cumulative shareholding of 14,158,883 shares, which represents 47.51% of the total shares.

The transaction involved the purchase of 48,064 shares at an average rate of 6.04. The shares were acquired in the ready market and are held in the Central Depository Company (CDC) format. Mr. Pakhali's actions reflect a notable movement in the ownership of Trust Modaraba's certificates.

According to information available from the Pakistan Stock Exchange (PSX), these transactions are part of the designated market category under which Trust Modaraba operates. This disclosure is in line with regulatory requirements that ensure transparency in the trading activities of listed entities.

The transactions were formally communicated by Mr. Pakhali, who provided the details under his CNIC # 42301-0836497-1. This level of disclosure is mandated to maintain the integrity of the market and protect the interests of stakeholders.