⚡ Flash Summary
First Treet Manufacturing Modaraba has announced a board meeting scheduled for November 19, 2025, to discuss matters other than financial results. In compliance with PSX regulations, the company has declared a ‘closed period’ from November 13 to November 19, 2025, during which directors, CEOs, and executives are prohibited from dealing in the Modaraba’s shares. This announcement ensures regulatory compliance and transparency regarding insider trading during sensitive periods. The purpose of the meeting is not specified, but it is confirmed not to be for reviewing financial results.
📌 Key Takeaways
- 🗓️ Board meeting scheduled for November 19, 2025.
- 🏢 Meeting to be held at 11:00 A.M. at the registered office in Lahore.
- 📍 Location: 72-B, Quaid-e-Azam Industrial Estate, Kot Lakhpat, Lahore.
- ℹ️ Purpose: To consider matters other than financial results.
- 🔒 ‘Closed period’ declared from November 13 to November 19, 2025.
- 🚫 Directors, CEOs, and executives restricted from trading during the closed period.
- 📜 Compliance with Clause 5.6.4 of the PSX Regulations.
- 📢 TRE Certificate Holders to be informed accordingly.
- 🏢 Managed by Treet Holdings Limited.
- ✉️ Contact information: info@ftmm.com
- 🌐 Website: www.ftmm.com
- 📞 Phone: 042-1111-TREET (87338)
- 👤 Announcement by Zunaira Dar, Chief Legal Officer and Company Secretary.
- 📅 Dated: November 12, 2025
🎯 Investment Thesis
HOLD. The announcement of a board meeting to discuss non-financial matters and the subsequent ‘closed period’ has a neutral impact on the investment thesis. While it ensures regulatory compliance, it doesn’t provide any information that would drive a change in the investment recommendation. A HOLD rating is maintained pending further information on the company’s strategic direction and financial performance, which are not part of this announcement. Price target and time horizon remain unchanged until new financial or strategic information becomes available.
Disclaimer: AI-generated analysis. Not financial advice.