Karachi: The board meeting of Paramount Investments Limited, the management company of First Paramount Modaraba, originally slated for October 6, 2026, has been postponed. The meeting will now take place on October 13, 2026, at 3:00 p.m. in Karachi.

The agenda for this assembly includes the consideration and approval of the audited financial statements for the fiscal year ending June 30, 2026, along with any other business allowed by the Chair.

In line with the postponement, First Paramount Modaraba has declared a "Closed Period" from October 7, 2026, to October 13, 2026. According to Clause 5.6.4 of the PSX Regulations, this period prohibits any Director, CEO, or Executive from engaging in transactions involving the Modaraba's certificates or shares.

According to information available from the Pakistan Stock Exchange (PSX), the Closed Period aligns with standard regulatory practices to ensure transparency and fairness in financial dealings.

These measures are part of the oversight and governance standards expected in the market category designated for such financial entities.