Paramount Investments Limited to Hold Board Meeting for Financial Approvals

Karachi: Paramount Investments Limited has announced that its Board of Directors will convene a meeting to consider and approve the audited financial statements of First Paramount Modaraba for the fiscal year ending June 30, 2026. The meeting is scheduled for Tuesday, October 6, 2026, at 3:00 PM and will be conducted via Zoom and at the P.E.C.H.S. Office Complex on Shahrah-e-Quideen.

This meeting marks an important date for Paramount Investments Limited, as the board will address not only the financial statements but also any other business matters that may arise with the consent of the Chair. The financial statements are expected to provide a comprehensive overview of the Modaraba's performance over the past fiscal year.

The company has declared a "Closed Period" from September 29, 2026, to October 6, 2026, in compliance with Clause 5.6.4 of the Pakistan Stock Exchange (PSX) Regulations. During this period, no directors, CEOs, or executives are allowed to engage in any form of share dealings with the company, whether directly or indirectly. According to information available from the Pakistan Stock Exchange (PSX), this measure is implemented to maintain transparency and prevent insider trading.

TREC Holders of the Exchange have been notified to ensure compliance with the regulations during the closed period as per the PSX requirements. The outcome of the board meeting, including any decisions regarding the financial statements and other business matters, will be closely monitored by investors and stakeholders in the financial sector.