Lahore: A meeting of the Board of Directors of First Punjab Modaraba is set to take place on June 30, 2025, in Lahore, as announced by the company. The board will convene to review the financial accounts for the fiscal year ending December 31, 2024, with the potential declaration of any entitlements.

In compliance with the regulations, First Punjab Modaraba has announced a "Closed Period" from June 23, 2025, to June 30, 2025, inclusive of both dates. During this period, as stipulated under Clause 5.6.4. of the Pakistan Stock Exchange (PSX) Rule Book, no directors, the CEO, or executives are permitted to engage in any form of trading or dealing in the certificates of the Modaraba.

According to information available from the Pakistan Stock Exchange (PSX), these measures are standard practice to ensure transparency and fairness in the handling of sensitive financial information. The company's adherence to these rules is part of the regulatory framework governing market activities.

The announcement also includes a directive to inform the TRE Certificate Holders of the exchange regarding this development. This standard procedure is intended to maintain orderly conduct in the market and to keep stakeholders informed of significant corporate actions.

The designated market category for First Punjab Modaraba remains consistent with the established norms and ensures the market participants are apprised of the necessary updates related to the financial dealings of the entity.