Notices Closes 23 Oct 2026
Popular Islamic Modaraba — Notice of 13th Annual Review Meeting
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 announces its Thirteenth (13th) Annual Review Meeting for certificate holders to review the Modaraba's performance for the year ended June 30, 2026.
| Issuer | Popular Islamic Modaraba (Managed by Popular Islamic Modaraba Management Company (Pvt.) Ltd.) |
| Meeting Date & Time | Friday, 2026-10-23 at 10:00 AM |
| Meeting Venue | 406-410, 4th Floor, Chapal Plaza, Hasrat Mohani Road, Off I.I. Chundrigar Road, Karachi |
| Notice Date | 2026-10-02 |
| Share Transfer Books Closure | Books will remain closed from 2026-10-16 to 2026-10-23 (both days inclusive) to determine eligible certificate holders for attendance at the Annual Review Meeting. |
| Withholding Tax on Dividend | Withholding tax on dividend will be deducted in accordance with the relevant provisions of the Income Tax Ordinance, 2001. |
| Audited Financial Statements | Audited Annual Financial Statements and Reports of the Modaraba are available online: https://popularislamicmodaraba.com/financial-reports/ |
| Payment of Dividend — Electronic Mode | Under applicable provisions of the Companies Act, 2017, payment of cash dividend to certificate holders will be made through electronic mode. Certificate holders are advised to provide/confirm bank account details or dividend mandates as required to facilitate electronic transfer. |
| Conversion of Physical Certificates into CDS | Certificate holders are requested to convert physical certificates to Central Depository System (CDS) accounts as per applicable regulations to ensure entitlement and receipt of corporate actions. |
| Unclaimed Dividends | Procedures regarding unclaimed dividends and claims are governed by the Companies Act, 2017; certificate holders should follow the stated claim process. |
| Signed By | Aisha Mughal, Company Secretary |
For further queries, certificate holders should contact the Modaraba or the Modaraba's share registrar as indicated by the issuer.
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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