Sindh Modaraba Board Schedules Meeting to Review Quarterly Accounts

Karachi: The Board of Directors of Sindh Modaraba is scheduled to convene on April 29, 2025, in Karachi to evaluate the company’s quarterly financial performance for the period ending March 31, 2025. The agenda includes the consideration of any entitlements that may be declared.

In adherence to the Pakistan Stock Exchange (PSX) regulations, the company has announced a Closed Period from April 22, 2025, to April 29, 2025. During this time frame, no transactions involving the company's shares will be permitted for the directors, CEO, or executives, either directly or indirectly. This restriction is in compliance with section 5.6.1(d) of the PSX regulations.

According to information available from the Pakistan Stock Exchange (PSX), this move is a standard procedure aimed at ensuring transparency and fairness ahead of the financial review. The Closed Period ensures that no insider trading occurs, allowing the board to deliberate on the financials without undue influence from market activities.

The company has communicated this schedule to the TRE Certificate Holders of the Exchange, ensuring all relevant parties are informed of the upcoming meeting and the associated trading restrictions. The designated market category for Sindh Modaraba remains unchanged during this period.