First Habib Modaraba Board Meeting Scheduled to Review Quarterly Financials

Karachi: A meeting of the Board of Directors of Habib Metropolitan Modaraba Management Company (Private) Limited is set to take place on Wednesday, October 28, 2026, at 11:00 a.m. The meeting will be conducted at the company’s office on the 6th Floor of HBZ Plaza (Hirani Centre) located on I.I. Chundrigar Road, Karachi. The primary agenda is to review the Unaudited Financial Statements of First Habib Modaraba for the quarter ending September 30, 2026, and to discuss any potential declarations of entitlement.

The company has announced a "Closed Period" from October 20, 2026, to October 28, 2026, as stipulated under Clause 5.6.4 of the Pakistan Stock Exchange (PSX) Regulations. During this period, no Director, CEO, or Executive is permitted to engage in any transactions involving the company's shares, directly or indirectly.

According to information available from the Pakistan Stock Exchange (PSX), the closed period is a mandatory regulation that ensures confidentiality and prevents insider trading prior to the public release of financial results. The upcoming board meeting and the subsequent review of financials are crucial for stakeholders, as they will provide insights into the company's performance for the specified quarter.