Lahore: Crescent Modaraba Management Company Limited has scheduled a board meeting for October 22, 2026, at 1:30 P.M. in Lahore. The agenda for the meeting includes the review and consideration of the Quarterly Accounts for the period ending September 30, 2026.

The company, which manages the First Elite Capital Modaraba, has instituted a "Closed Period" from October 15, 2026, to October 22, 2026. This measure is in compliance with Clause 5.6.4 of the Pakistan Stock Exchange (PSX) Regulations. During this period, the Directors, CEO, and Executives are prohibited from engaging in any transactions involving Modaraba Certificates, either directly or indirectly.

According to information available from the Pakistan Stock Exchange (PSX), this closed period is a standard regulatory practice designed to prevent insider trading and ensure fair market practices. The Crescent Modaraba Management Company's adherence to these regulations underscores its commitment to maintaining transparency and regulatory compliance.

The upcoming board meeting and the associated closed period are part of the company's routine governance activities. The outcomes of the meeting will likely be scrutinized by market participants, given the regulatory framework within which the company operates.