First Al-Noor Modaraba Schedules Board Meeting to Discuss Quarterly Accounts

Karachi: First Al-Noor Modaraba has announced a forthcoming board meeting scheduled for October 24, 2024, at Karachi, to review and discuss the quarterly accounts for the period ending September 30, 2024. This session will focus on the financial results and potential entitlement declarations.

According to information available from the Pakistan Stock Exchange (PSX), the board will assess the company's performance over the quarter and consider any entitlements that may be declared. The announcement also mentioned the commencement of a closed period from October 14 to October 28, 2024, during which no director, CEO, or executive shall engage in trading of the company's shares, in compliance with PSX Regulations Section 5.6.1(d).

The notification underscores the importance of transparency and regulatory compliance in corporate governance. First Al-Noor Modaraba has instructed that all Trading Rights Entitlement (TRE) certificate holders be informed accordingly about the closed period and the upcoming board meeting.