First Punjab Modaraba Schedules Board Meeting for Financial Review

Lahore: A meeting of the Board of Directors of First Punjab Modaraba has been scheduled for June 30, 2025, in Lahore. The board will convene to review the financial accounts for the quarter that ended on March 31, 2025, and to discuss the declaration of any entitlements for stakeholders.

The Modaraba has announced a "Closed Period" from June 23, 2025, to June 30, 2025, inclusive. This period, as mandated by Clause 5.6.4 of the PSX Rule Book, restricts directors, the CEO, and executives from engaging in any direct or indirect transactions involving the Modaraba's certificates. According to information available from the Pakistan Stock Exchange (PSX), this measure ensures compliance with regulatory standards and maintains market integrity during the assessment period.

The management has advised TRE Certificate Holders of the Exchange to take note of these proceedings. The outcome of the board’s decisions and any resultant entitlements will be communicated following the meeting.