Al-Zamin Modaraba Management Schedules 125th Board Meeting Amid Closed Trading Period

Karachi: Al-Zamin Modaraba Management (Private) Limited, the management company of Trust Modaraba, has announced its 125th Board of Directors meeting. Scheduled for February 27, 2025, the meeting will take place at 11:30 a.m. at the company's head office in Karachi. The primary agenda for this meeting is to consider the half-yearly accounts for the period ending December 31, 2024.

In accordance with Clause 5.6.1(d) of the Pakistan Stock Exchange (PSX) Regulations, the Modaraba has declared a "Closed Period" from February 20, 2025, to February 27, 2025. During this period, directors, the CEO, and executives are prohibited from dealing in the Modaraba's certificates directly or indirectly in any manner. This measure is intended to maintain transparency and prevent any potential conflicts of interest.

The notice of the board meeting and the closed period has been communicated to the Trading Rights Entitlement (TRE) Certificate Holders of the Exchange. The decision to schedule this board meeting and the declaration of a closed period are part of routine governance practices. According to information available from the Pakistan Stock Exchange (PSX), such measures are standard in maintaining regulatory compliance and operational integrity.

This meeting and the associated protocols underscore the company's commitment to adhering to financial regulations and ensuring fair trading practices within the designated market category.