First Habib Modaraba Announces Closed Period Ahead of Financial Statement Review

Karachi: A meeting of the Board of Directors of Habib Metropolitan Modaraba Management Company (Private) Limited has been scheduled for August 07, 2025, in Karachi. The primary agenda of the meeting is to review and consider the Annual Audited Financial Statements of First Habib Modaraba for the fiscal year ending June 30, 2025. This meeting may also involve the declaration of any entitlements related to the financial outcomes.

In alignment with regulatory requirements, the Modaraba has announced a "Closed Period" from July 31, 2025, to August 07, 2025, inclusively. During this period, directors, the CEO, and executives are restricted from dealing in the certificates of the modaraba. This measure is in accordance with Clause 5.6.4 of the Pakistan Stock Exchange (PSX) Regulations, which aims to prevent insider trading and ensure transparency in financial dealings.

According to information available from the Pakistan Stock Exchange (PSX), the Modaraba operates within the designated market category. The closed period is a standard procedure observed by companies to maintain ethical standards and protect investor interests ahead of significant financial disclosures.

TRE Certificate Holders of the Exchange have been informed of these developments to ensure compliance and awareness among stakeholders. The review of the financial statements is a routine yet crucial process that provides insights into the company's fiscal health and potential future directions.