Lahore: First Punjab Modaraba has announced a change in its company secretary position, effective March 31, 2026. The company reported that Mr. Muhammad Ilyas has ceased to serve as the Company Secretary and has been succeeded by Mr. Shiraz Butt.
The announcement was made on April 1, 2026, and the company has requested that the TRE Certificate Holders of the Exchange be informed of this development. This change is in line with the company’s ongoing corporate governance practices.
According to information available from the Pakistan Stock Exchange (PSX), First Punjab Modaraba operates under the designated market category of non-banking financial services. The company has made this change to ensure continued compliance with regulatory requirements and to enhance its corporate management structure.
The company has not disclosed further details regarding the reasons behind the change or any additional strategic initiatives associated with the new appointment.