Karachi: First Dawood Properties Limited has announced a key meeting of its Board of Directors, which is scheduled to take place on Monday, September 28, 2026, at 12:00 noon. The meeting will be held at the company's registered office, located on the 19th Floor of Tower-B, Saima Trade Towers, I.I. Chundrigar Road, Karachi. The primary agenda for the meeting is to review and consider the annual accounts for the financial period ending June 30, 2026.
In compliance with regulatory requirements, First Dawood Properties Limited has declared a "Closed Period" starting from September 21, 2026, and concluding on September 28, 2026. According to Clause 5.6.1(d) of the Pakistan Stock Exchange (PSX) Regulations, the designated period restricts any Director, CEO, Executive, or their spouses from directly or indirectly dealing in the shares of the company in any form during this time frame.
According to information available from the Pakistan Stock Exchange (PSX), these regulatory measures are a standard practice intended to maintain transparency and prevent insider trading prior to the public disclosure of significant financial information. The company has also communicated this period to the TRE Certificate Holders of the exchange, ensuring all market participants are duly informed.
Market observers and stakeholders will be closely monitoring the outcomes of the board meeting, as the company's financial performance and strategic decisions can have notable implications within its designated market category.