Karachi, Trust Modaraba has announced that the 119th Meeting of the Board of Directors of Al-Zamin Modaraba Management (Pvt.) Ltd., the Management Company of Trust Modaraba, is scheduled for September 12, 2023, at their Head Office in Karachi. The primary agenda of this meeting is to deliberate upon and approve the financial accounts of Trust Modaraba for the fiscal year ending on June 30, 2023.

In accordance with regulatory requirements, a close period has been set from September 5, 2023, to September 12, 2023, encompassing both days. During this period, the CEO and Directors of the company will be restricted from engaging in any trading activities related to the shares of Trust Modaraba. This measure is taken in compliance with Clause 5.6.4 of the Pakistan Stock Exchange (PSX) Regulations.

The forthcoming board meeting is expected to provide insights into Trust Modaraba's financial performance, offering shareholders and stakeholders a comprehensive overview of the company's operations for the past year. Such transparency and accountability are vital to maintaining trust and credibility in the financial markets.

Trust Modaraba remains committed to upholding the highest standards of corporate governance and intends to keep its investors informed about any significant developments or decisions resulting from the board meeting on September 12, 2023.