Karachi: A R Management Services (Private) Limited, the management company of First Imrooz Modaraba, has announced that its Board of Directors will convene a meeting on October 28, 2026. The meeting is set to take place at 11:00 a.m. at Beaumont Plaza, Beaumont Road, in the Civil Lines Quarters of Karachi. The primary agenda of the meeting is to consider the approval of the financial statements for the quarter ending on September 30, 2026.
In compliance with regulatory requirements, specifically Rule 5.6.4 of the Pakistan Stock Exchange (PSX) rule book, the company has instituted a "Closed Period" from October 21, 2026, to October 28, 2026, both days inclusive. During this period, no director, CEO, or executive of the company is permitted to engage in any transactions involving the certificates of the Modaraba, whether directly or indirectly.
According to information available from the Pakistan Stock Exchange (PSX), this measure is part of standard practice to prevent any potential insider trading and ensure transparency ahead of the financial statement review. The designated market category for First Imrooz Modaraba reflects its commitment to adhering to these regulatory standards.
The scheduled review is part of the company's regular financial oversight and governance processes, ensuring that stakeholders are provided with accurate and timely financial information.