Karachi, B.F. Modaraba has announced a rescheduled date for its upcoming Board Meeting, which will now take place on October 04, 2023, at the company's registered office. The primary agenda for this meeting is to review and deliberate upon the Audited Financial Statement of B.F. Modaraba for the year ending June 30, 2023, with a focus on the declaration of any entitlements.

In accordance with regulatory requirements outlined in Clause 5.6.1 (d) of PSX Regulations, the company has also declared a "Closed Period" spanning from September 28, 2023, to October 04, 2023. During this Closed Period, no Director, CEO, or Executive, whether directly or indirectly, is permitted to engage in any transactions involving the company's certificates or securities in any manner.

The rescheduled Board Meeting and the subsequent discussion on the Audited Financial Statement will be closely observed by shareholders and industry stakeholders, as they await updates on any entitlements and the financial performance of B.F. Modaraba for the specified fiscal year.