Karachi: First Tri-Star Modaraba has announced that its Board of Directors will convene on April 29, 2025, in Karachi to review the company's quarterly financial statements for the period ending March 31, 2025. The agenda for the meeting includes the consideration of any potential entitlements for shareholders.

The company has instituted a Closed Period from April 22 to April 29, 2025. During this time, directors, the Chief Executive Officer, and executives are barred from trading shares of the company, either directly or indirectly. This measure is in compliance with section 5.6.1(d) of the Pakistan Stock Exchange (PSX) Regulations.

According to information available from the Pakistan Stock Exchange (PSX), the Closed Period aims to prevent insider trading and ensure transparency within the market. The company has communicated this directive to the Trading Rights Entitlement Certificate (TRE) holders of the exchange to ensure adherence.

First Tri-Star Modaraba operates within the designated market category of modarabas, which are Islamic financial instruments. The outcomes of the board meeting, including any declarations of entitlements, are anticipated with interest by stakeholders and market participants.