First Equity Modaraba Announces Board Meeting to Review Quarterly Accounts

Karachi: First Equity Modaraba has scheduled a board meeting on April 28, 2025, to consider the quarterly accounts for the period ending March 31, 2025, potentially leading to a declaration of any entitlements. The meeting will take place in Karachi and is in compliance with the regulations set by the Pakistan Stock Exchange (PSX).

In preparation for the board meeting, the company has declared a closed period from April 21 to April 28, 2025. During this time, as stipulated by section 5.6.1(d) of the PSX Regulations, no directors, the CEO, or executives are permitted to directly or indirectly engage in transactions involving the company's shares.

According to information available from the Pakistan Stock Exchange (PSX), First Equity Modaraba has duly notified the TRE Certificate Holders of the Exchange about the upcoming meeting and the closed period regulations. The designated market category is being adhered to, ensuring compliance with the relevant financial and regulatory standards.