Karachi: The board meeting of Paramount Investments Limited, which manages First Paramount Modaraba, has been rescheduled for Tuesday, November 3, 2026. Originally planned for Saturday, October 31, 2026, the meeting will now take place at 12:00 pm in Karachi to review and approve the audited financial statements for the year ending June 30, 2026.
According to information available from the Pakistan Stock Exchange (PSX), the Modaraba has declared a "Closed Period" from November 1 to November 3, 2026. During this period, no director, CEO, or executive of the company may engage in any transactions involving the Modaraba's certificates or shares, in compliance with Clause 5.6.4 of the PSX Regulations.
The rescheduling of the board meeting and the declaration of the Closed Period reflect the company's adherence to regulatory requirements and its commitment to maintaining transparency and corporate governance standards. The meeting will address the financial performance of First Paramount Modaraba, along with any other business that may be raised with the permission of the Chair.