Karachi: Trust Securities & Brokerage Limited has announced a significant transaction involving one of its substantial shareholders, Mr. Muhammad Khurram Faraz. The disclosure, dated November 4, 2025, details the sale of shares by Mr. Faraz under the PSX Regulation 5.6.4.
Mr. Faraz executed the sale of 500,000 shares at a rate of 25.00 per share. This transaction, conducted in the NDM market, brings Mr. Faraz’s cumulative shareholding to 4.39 million shares, representing a 14.64% stake in the company. According to information available from the Pakistan Stock Exchange (PSX), the transaction reflects a moderate move in the shareholder’s percentage stake.
The company has indicated that these transactions will be presented by the Company Secretary at the next Board of Directors meeting. The necessary documentation will be submitted via Form 30 of the Correspondence Manual through PUCARS. In compliance with regulatory requirements, measures are in place to ensure that the holding period for such transactions exceeds six months, failing which, profits must be returned to the Securities and Exchange Commission of Pakistan (SECP).
Additionally, Trust Securities & Brokerage Limited emphasized that no director, CEO, or executive shall trade shares during a closed period. The company has committed to updating the relevant details in the UIN Management System available on the PUCARS Portal.