First IBL Modaraba Schedules Board Meeting to Approve Quarterly Financial Statements

Lahore: The Board of Directors of M/s. IBL Modaraba Management (Pvt.) Limited, the management company of First IBL Modaraba, is set to convene a board meeting on Wednesday, October 28, 2026. The meeting will be held at 11:00 a.m. at the company's office located in T-29, Gulberg-II, Lahore.

The primary agenda of the meeting is to review and approve the financial statements of First IBL Modaraba for the quarter ending on September 30, 2026. The board may also discuss any other business matters with the permission of the chair, marking the session as a pivotal point for the company's financial oversight.

According to information available from the Pakistan Stock Exchange (PSX), First IBL Modaraba has declared a "Closed Period" spanning from October 20, 2026, to October 28, 2026. This regulatory compliance measure, mandated under Clause # 5.6.4 of the PSX Rule Book, restricts any directors, the CEO, or executives of the Modaraba from engaging in transactions involving the company's certificates during this timeframe.

The financial community and stakeholders will be closely monitoring the outcomes of this board meeting, reflecting the company's compliance with PSX regulations and its commitment to transparent financial governance.