Karachi: The Popular Islamic Modaraba Management Company (Pvt.) Limited has scheduled a meeting of its Board of Directors on Friday, October 23, 2026, at noon. The meeting will take place at the company's head office in Karachi, and the agenda includes reviewing the Quarterly Accounts for the period ending September 30, 2026, as well as considering any potential entitlement declarations.

According to information available from the Pakistan Stock Exchange (PSX), the company has instituted a "Closed Period" from October 16, 2026, to October 23, 2026, inclusive of both dates. During this time, no Director, CEO, or Executive of Popular Islamic Modaraba will be permitted to engage in any transactions involving the certificates of the Modaraba, in compliance with clause 5.6.1(d) of the PSX Regulation.

This announcement is part of the designated market category related to corporate governance and compliance.