Karachi: The management of First Punjab Modaraba has addressed recent concerns regarding the unexpected fluctuation in the market price of its certificates, stating on July 28, 2026, that they are not aware of any specific events or developments that might explain the price volatility.

In a response to a query from the Pakistan Stock Exchange, dated July 20, 2026, the company affirmed that there is no undisclosed material or price-sensitive information that could have influenced the trading activity of First Punjab Modaraba's certificates. According to information available from the Pakistan Stock Exchange (PSX), the management emphasized its commitment to compliance with all relevant disclosure requirements and assured stakeholders of their dedication to timely and accurate transparency.

Despite the unusual market movements, the Modaraba maintains that their adherence to the regulatory framework remains steadfast, with no pending disclosures that could have impacted the market pricing of its certificates. The organization continues to follow the listing requirements set forth by the Pakistan Stock Exchange.