⚡ Flash Summary
First Credit and Investment Bank Limited has announced a board meeting scheduled for October 25, 2025, in Karachi. The purpose of the meeting is to consider the Quarterly Financial Statements for the first quarter ended September 30, 2025, and to declare any entitlement. Additionally, the company has declared a closed period from October 18, 2025, to October 25, 2025, during which directors, CEOs, and executives are prohibited from dealing in the company’s shares. This announcement indicates a routine corporate governance procedure.
📌 Key Takeaways
- 🗓️ Board meeting scheduled for October 25, 2025.
- 🏢 Meeting will be held in Karachi at 3:00 PM.
- Quarterly Financial Statements for Q1 2025 (ended September 30) will be reviewed. 📊
- 💼 Declaration of any entitlement to be considered.
- 🔒 Closed period declared from October 18 to October 25, 2025.
- 🚫 Insiders (Directors, CEO, Executives) restricted from trading shares during the closed period.
- 📜 Compliance with Clause 5.6.1(d) of the Exchange Rule Book.
- 📢 TRE Certificate holders informed accordingly.
- ✉️ Notification issued on October 17, 2025.
- 👤 Muhammad Amin Khatri, Company Secretary, is the signatory.
- 🌐 Company website: www.fcibank.com.pk
- 📧 Contact email: info@fcibank.com.pk
🎯 Investment Thesis
HOLD. The announcement is related to an upcoming board meeting to review financial results and a standard closed period. Without specific financial data or projections, there is no immediate catalyst to change the recommendation. Further analysis is required after the Q1 2025 financial statements are released. Price Target: To be determined after reviewing the Q1 results.
Disclaimer: AI-generated analysis. Not financial advice.