Lahore: The management of First IBL Modaraba has announced that a board meeting will be convened on Tuesday, October 27, 2026, at 11:00 A.M., at the company's office located in Gulberg-II, Lahore. The primary focus of the meeting will be the review and approval of the financial statements for the fiscal year ending June 30, 2026.

The agenda for the meeting, as disclosed by M/s. IBL Modaraba Management (Pvt.) Limited, the management company of First IBL Modaraba, will predominantly revolve around the examination of the financial results of the Modaraba. Additionally, the board may address other matters, contingent on the chair's permission.

In compliance with regulatory requirements outlined in the Rule Book of the Pakistan Stock Exchange (PSX), First IBL Modaraba has instituted a "Closed Period" from October 19, 2026, to October 27, 2026. During this interval, directors, the CEO, and executives of the Modaraba are prohibited from trading the company's certificates, either directly or indirectly. According to information available from the Pakistan Stock Exchange (PSX), such measures are customary to prevent any potential conflicts of interest or insider trading activities during sensitive periods surrounding financial disclosures.

This announcement underscores the adherence to governance protocols and financial transparency as per the designated market category, ensuring that all stakeholders are duly informed and protected during the closed period.