Karachi: The Pakistan Stock Exchange Limited has announced the commencement of trading in the unpaid rights of First Paramount Modaraba, set to begin on Wednesday, August 19, 2026. This follows the approval of the schedule for issuing Right Shares of the company, as detailed in notice no. PSX/N-997 dated August 13, 2026.
The settlement date for these transactions is slated for Thursday, August 20, 2026. According to information available from the Pakistan Stock Exchange (PSX), the unpaid rights have been declared eligible securities by the Central Depository Company of Pakistan Limited. Transactions are to be settled through the National Clearing Company of Pakistan Limited, which has assigned the security symbol "FPRMR2" to the unpaid rights of First Paramount Modaraba.
The commencement of these transactions marks a significant step as market participants prepare for the new trading schedule. The designated market category for these transactions ensures that all dealings are facilitated smoothly through the appropriate financial channels.