Karachi: A meeting of the Board of Directors of Wasi Mobility Modaraba, formerly known as First Prudential Modaraba, is scheduled to take place on April 29, 2025. The meeting will be conducted at the company's registered office in Karachi, with provisions for videoconferencing to accommodate remote participation. The primary agenda is to deliberate on the quarterly accounts for the period ending March 31, 2025, and to consider the declaration of any entitlements.

In compliance with the regulations set forth by the Pakistan Stock Exchange (PSX), Wasi Mobility Modaraba has instituted a "Closed Period" from April 21, 2025, to April 29, 2025. During this timeframe, no transactions involving the company’s shares are permitted by its directors, CEO, or executives, either directly or indirectly. This measure is standard procedure to maintain transparency and fairness in the market dealings related to the company’s stock.

According to information available from the Pakistan Stock Exchange (PSX), stakeholders and TRE Certificate Holders of the Exchange have been duly informed about the upcoming board meeting and the stipulated Closed Period. The information underscores the company's adherence to regulatory requirements and its commitment to keeping the market participants informed.

The meeting will be an important occasion for the company as it reviews its financial performance for the quarter and considers any potential entitlements for its shareholders. The outcomes of this meeting are anticipated to have implications for the company’s position in the market. The designated market category for Wasi Mobility Modaraba remains a focus for investors monitoring its performance in the financial landscape.