Karachi: The meeting of the Board of Directors of Paramount Investments Limited, which acts as the management company for First Paramount Modaraba, has been rescheduled. Originally slated for Wednesday, October 21, 2026, at 3:00 p.m., the meeting will now take place on Wednesday, October 28, 2026, at 12:00 p.m., according to a company report dated October 21, 2026.

The agenda for the board meeting includes the consideration and approval of the audited financial statements of First Paramount Modaraba for the fiscal year ending June 30, 2026. The meeting location remains unchanged, with proceedings to occur in Karachi.

A "Closed Period" has been declared from October 22, 2026, to October 28, 2026, inclusive, in line with Clause 5.6.4 of the Pakistan Stock Exchange (PSX) Regulations. During this time, no Director, CEO, or Executive is permitted to engage in any trading of the Modaraba's certificates or shares, whether directly or indirectly.

According to information available from the Pakistan Stock Exchange (PSX), this regulatory measure is standard practice to prevent insider trading ahead of significant financial disclosures.

The rescheduling and the implementation of a closed trading period underscore the company's adherence to regulatory compliance and corporate governance protocols within the designated market category.