First Paramount Modaraba Rights Issue and Subscription Notice – Karachi
First Paramount Modaraba Rights Issue and Subscription Notice – Karachi · Karachi · The Nation,
Notice advertisement published in The Nation on Thursday, 20 August 2026, listed under Karachi. Issued by First Paramount Modaraba Rights Issue and Subscription Notice – Karachi. The last date printed on the advertisement was Thursday, 3 September 2026 and has passed.
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First Paramount Modaraba announces that Right Certificates have been credited to eligible certificate-holders in CDS accounts on 18 August 2026. Rights have been issued in the ratio of 1 Right Certificate for every 2 ordinary certificates held as at the close of business on 13 August 2026. Certificate-holders may subscribe, trade unpaid rights, or exercise rights in accordance with the schedule and instructions below.
| Key Date / Event | Date |
|---|---|
| Record date (close of business) | 2026-08-13 |
| Rights credited into CDS accounts | 2026-08-18 |
| Subscription / start date | 2026-08-19 |
| Commencement of trading of unpaid rights on PSX | 2026-08-19 |
| Last date of trading of unpaid rights | 2026-09-02 |
| Last date for subscription of the rights offer (closing) | 2026-09-03 |
| Date of credit of right securities into CDS | 2026-09-23 |
| Payment Bank | IBAN | Account Number |
|---|---|---|
| Meezan Bank Limited (All Branches) | PK92MEZN0001200115299883 | 000120115299883 |
Payment and subscription instructions:
1. Payments should be made by cash, crossed cheque or demand draft, or by deposit/transfer to the above Meezan Bank account. Cheques/drafts must be payable to "FIRST PARAMOUNT MODARABA - RIGHT CERTIFICATES SUBSCRIPTION."
2. Non-resident Pakistani or foreign certificate-holders should remit payment by demand draft/pay order in Pakistani Rupees drawn on a bank in Pakistan. Subscription requests from Non-Resident/Foreign holders must be accompanied by the required documents.
3. Right Subscription Requests must be fully completed and signed. Copies of valid CNIC/NICOP/Passport should be provided where applicable; NICOP/Passport copy required for processing before the last date of payment.
4. All cheques, pay orders and demand drafts must be drawn on banks situated in the same city where the subscription is deposited. Third-party payments are subject to realizations.
5. Investors who are CDC account holders should follow CDC procedures to subscribe or exercise rights into their CDC account. CDC participants may instruct their brokers/participants for subscription; CDC account details are necessary.
6. For deposit of physical Right Certificates into CDS and other CDS-related procedures, refer to the Company's instructions; physical transfer formalities must be completed before the relevant cutoff dates.
Issuer and contact information:
First Paramount Modaraba, Suite No. 107-108, P.E.C.H.S. Community Office Complex, Block No. 2, P.E.C.H.S., Shahrah-e-Quaid-e-Azam, Karachi. Tel: (021) 34381037, 34381052, 34381101. Notice dated 20 August 2026. By order of the Board.
Published in The Nation on Thursday, 20 August 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.