Lahore: IBL Modaraba Management (Private) Limited, the management company of First IBL Modaraba, has announced that it will hold a board meeting on December 03, 2025, at 11:00 a.m. The meeting is set to take place at the registered office of IBL Modaraba Management, located at 4-L, Gulberg-III, Main Ferozepur Road, Lahore.

The primary agenda of the board meeting includes the review and approval of the financial statements of First IBL Modaraba for the period that ended on June 30, 2025. Additionally, any other business matters requiring attention will be addressed with the chair's permission.

According to information available from the Pakistan Stock Exchange (PSX), the company has declared a "Closed Period" from November 26, 2025, to December 03, 2025, inclusive of both days. This period is mandated under Clause # 5.6.4 of the PSX Rule Book. During this time, no director, CEO, or executive of a Modaraba is permitted to directly or indirectly engage in transactions involving the shares of First IBL Modaraba.

The company has issued a notice to inform the certificate holders of the exchange about these developments.