Karachi: Modaraba Management L Limited has announced that a pivotal meeting of its Board of Directors is scheduled to take place on February 7, 2025, at 11:00 am. This meeting is set to occur both at the company's registered office, located at Horizon Vista, Commercial Plot No. 10, Block No. 4, Scheme No. 5, Clifton, Karachi, and via a videoconferencing arrangement. The primary focus of this meeting will be to deliberate on matters other than the financial results of the company.

In accordance with the regulations of the Pakistan Stock Exchange (PSX), Modaraba Management L Limited has declared a "Closed Period" commencing from January 31, 2025, and concluding on February 7, 2025. This period restricts any Director, CEO, or Executive from engaging in transactions involving the company's shares, either directly or indirectly, during this specified timeframe.

The company has taken measures to ensure that the TRE Certificate Holders of the Exchange are duly informed about this closed period. This move aligns with the company's commitment to maintaining transparency and adherence to the regulatory framework of the PSX.

According to information available from Pakistan Stock Exchange (PSX), Modaraba Management L Limited has been categorized within the designated market category. This classification indicates the company's compliance with the PSX's guidelines and its role within the broader financial market.

As the date for the Board meeting approaches, stakeholders and investors will be keenly observing the outcomes of the discussions, which are expected to shape the company's strategic direction in the coming months.