Lahore: First Punjab Modaraba has addressed concerns regarding the unusual movement in the market price of its certificates, as detailed in a communication acknowledging the Pakistan Stock Exchange’s inquiry dated September 4, 2026.
In a report dated September 8, 2026, the management of First Punjab Modaraba stated that they were not aware of any material events, information, or developments that could have influenced the recent trading activity of the Modaraba's certificates. The report assured stakeholders that, to the best of their knowledge and belief, no undisclosed material or price-sensitive information exists that would require disclosure under the current regulatory framework.
According to information available from the Pakistan Stock Exchange (PSX), the Modaraba has adhered to all applicable disclosure requirements. The management emphasized their commitment to providing timely, accurate, and transparent disclosures in line with the applicable laws, regulations, and PSX's listing requirements.
This assurance comes amid heightened scrutiny into the trading activities of First Punjab Modaraba, a prominent entity within the designated market category of modarabas, as investors and market analysts continue to monitor the situation closely.