Karachi: A meeting of the Board of Directors of Habib Metropolitan Modaraba Management Company (Private) Limited is set to take place on Thursday, August 06, 2026, according to a report issued on July 30, 2026. The meeting, scheduled for 11:00 a.m. at the 6th Floor, HBZ Plaza (Hirani Centre) on I.I. Chundrigar Road, Karachi, is convened to consider the Annual Audited Financial Statements of First Habib Modaraba for the fiscal year ended June 30, 2026.
A "Closed Period" has been declared from July 30, 2026, to August 06, 2026, inclusive of both dates, in accordance with Clause 5.6.4 of the Pakistan Stock Exchange (PSX) Regulations. During this period, no Director, CEO, or Executive of the company is permitted to engage in any direct or indirect dealings involving the modaraba's certificates.
According to information available from the Pakistan Stock Exchange (PSX), such closed periods are standard practice to ensure that financial statements are prepared and disclosed without any influence from insider trading activities. The board meeting will determine any entitlement declarations based on the financial outcomes of the fiscal year.
The scheduled board meeting and the closed period reflect the modaraba's compliance with regulatory obligations, as the market awaits the disclosure of the annual financial results.