Karachi: First Prudential Modaraba has announced that it will hold a Board of Directors meeting on February 27, 2025, to review the company's financial accounts for the quarter and half-year ending December 31, 2024. The meeting is scheduled to take place at 12:00 noon at the company's registered office located at Horizon Vista, Commercial Plot No. 10, Block No. 4, Scheme No. 5, Clifton, Karachi. Additionally, arrangements have been made for videoconferencing to facilitate participation.

In compliance with the regulations set by the Pakistan Stock Exchange (PSX), First Prudential Modaraba has instituted a "Closed Period" starting from February 20, 2025, through February 27, 2025. During this period, no director, CEO, or executive of the company is permitted to engage directly or indirectly in trading the company's shares.

The purpose of the meeting is to evaluate the financial performance of the company over the specified period and to consider any declarations of entitlement. The decision of the board will be communicated to the TRE Certificate Holders of the Exchange as per the requirements.

According to information available from the Pakistan Stock Exchange (PSX), the designation of the market category for First Prudential Modaraba remains unchanged. The board's review and subsequent decisions are anticipated to have implications for stakeholders and investors involved with the company.