⚡ Flash Summary

EMAN Management (Pvt.) Ltd. has announced a board meeting to be held on October 28, 2025, to consider the quarterly financial statement of Orient Rental Modaraba for the period ended September 30, 2025. The company has also declared a closed period from October 21, 2025, to October 28, 2025, during which no director, CEO, or executive of the company shall deal in the Certificates of the Modaraba. This is to comply with Clause No. 5.6.4 of the Rule Book of Pakistan Stock Exchange. The announcement was made on October 21, 2025.

📌 Key Takeaways

• 📅 Board meeting scheduled for October 28, 2025.
• 🏢 Meeting to be held at the registered office in Karachi.
• 📜 Purpose: To consider the quarterly financial statement of Orient Rental Modaraba.
• 🗓️ Financial statement period ends September 30, 2025.
• 🚫 Closed period declared from October 21, 2025 to October 28, 2025.
• 🔒 During the closed period, insiders are restricted from dealing in Modaraba certificates.
• 🇵🇰 Compliance with Clause No. 5.6.4 of the Pakistan Stock Exchange Rule Book.
• 💼 Announcement made by M. Jamal Ahmedani, Company Secretary.
• ✉️ Notice addressed to the General Manager of the Pakistan Stock Exchange Limited.
• 🌐 Further information available at www.eman.com.pk.

🎯 Investment Thesis

Based solely on this announcement, a HOLD recommendation is appropriate. There is no indication of a material positive or negative catalyst. The announcement is purely procedural. Without access to the financial statements, a more informed investment decision cannot be made. I would need access to the financials to give a price target, and time horizon.