Notices Closes 23 Oct 2026
Popular Islamic Modaraba — Notice of 13th Annual Review Meeting (Karachi)
Popular Islamic Modaraba · Karachi · The Nation,
Notice advertisement published in The Nation on Friday, 2 October 2026, listed under Karachi, Pakistan. Issued by Popular Islamic Modaraba. The last date printed on the advertisement is Friday, 23 October 2026.
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Popular Islamic Modaraba (managed by Popular Islamic Modaraba Management Company (Pvt.) Ltd.) gives notice of its Thirteenth (13th) Annual Review Meeting to review the performance of the Modaraba for the year ended June 30, 2026.
| Issuer | Popular Islamic Modaraba |
|---|---|
| Purpose | 13th Annual Review Meeting to review financial performance for year ended 30 June 2026 |
| Meeting Date & Time | 2026-10-23, 10:00 AM |
| Venue | 406-410, 4th Floor, Chapal Plaza, Hasrat Mohani Road, Off I. I. Chundrigar Road, Karachi |
| Share Transfer Books Closed | From 2026-10-16 to 2026-10-23 (both days inclusive). Transfers received at the Share Registrar (M/s. Central Depository Company of Pakistan, CDC House, 99‑B, Block B, S.M.C.H.S., Main Shahrah‑e‑Faisal, Karachi) by close of business on 2026-10-15 will be considered eligible to attend. |
| Audited Financial Statements | Available online: https://popularislamicmodaraba.com/financial-reports/ |
Other important notes:
Withholding tax on dividend: Tax on any dividend will be deducted under the relevant provisions of the Income Tax Ordinance, 2001, with differing treatment for filers and non‑filers.
Payment of dividend by electronic mode: Under Section 242 of the Companies Act, 2017, cash dividends for listed companies must be paid electronically into the bank account designated by certificate holders through their CDC account. Certificate holders are requested to provide their bank details via the Dividend Mandate Form available on the Modaraba's website. In case of non‑compliance, the Modaraba may be constrained to withhold payment of dividend to such certificate holders.
Conversion of physical certificates into CDS: Certificate holders holding physical certificates are requested to convert their holdings into electronic form (CDC) as required by regulatory requirements.
Unclaimed dividends: Unclaimed dividends will be dealt with in accordance with the Companies Act, 2017.
Notice dated: October 02, 2026. Company Secretary: Aisha Mughal.
Published in The Nation on Friday, 2 October 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.
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