20 Aug 2026
Dispatch of Letter of Rights First Paramount Modaraba has announced the dispatch of Letter of Rights, CDC Intimation Letters, and Offer Documents to certificate holders as part of its right issue process. Additionally, a newspaper notice detailing the schedule of activities, payment procedures, and trading timelines has been published. Actions 19 Aug 2026
Credit of unpaid rights into CDS First Paramount Modaraba announced that the Unpaid Rights of the company have been successfully credited into respective accounts in the Central Depository System (CDS) as of August 18, 2026. Actions 19 Aug 2026
FPRM | First Paramount Modaraba -CDC Notice Central Depository Company (CDC) released the schedule for handling the unpaid rights (LoR) of First Paramount Modaraba (FPRMR2) with a 50% right ratio and subscription payments due by September 9, 2026. Actions 19 Aug 2026
FPRM | First Paramount Modaraba -NCCPL Notice National Clearing Company of Pakistan Limited (NCCPL) has issued a notice declaring the unpaid right security (LOR) of First Paramount Modaraba eligible for clearing, settlement, and risk management through NCSS, with trading commencement set for August 19, 2026. OTHERS 13 Aug 2026
FPRM | First Paramount Modaraba Right Issue 50% at Par Value Rs.10/- Each First Paramount Modaraba has announced a 50% right issue of 6,894,210 ordinary certificates at a par value of Rs. 10/- each. The book closure for the right issue is scheduled from August 17, 2026, to August 17, 2026, with trading of the right letters commencing on August 19, 2026. Actions 13 Aug 2026
Notice of Declaration of LOR of FPRM as a CDS Eligible Security First Paramount Modaraba has announced that the Central Depository Company (CDC) of Pakistan has declared its Letter of Rights as a CDS Eligible Security, effective from August 13, 2026. Actions 07 Aug 2026
Notice of Closure of Certificate Transfer Books For Right Issue First Paramount Modaraba has announced the closure of its certificate transfer books on August 17, 2026, to determine entitlements for its upcoming right issue. The right issue offers one right certificate for every two existing ordinary certificates held at a subscription price of Rs. 10 per certificate. Actions 07 Aug 2026
Final Offer Document of Right Issue First Paramount Modaraba has issued the Final Offer Document for its right issue of 6,894,210 new ordinary certificates at par value of PKR 10 each, aiming to raise PKR 68,942,100. The funds will be utilized for expanding Shariah-compliant financing (80%) and existing business ventures (20%), thereby strengthening capital and regulatory compliance. Material 03 Aug 2026
Disclosure of Interest by a Director CEO, or Executive of a listed company and their Spouses and the Substantial Shareholders u/c 5.6.1.(d) of PSX Regulations First Paramount Modaraba disclosed that a substantial certificate holder sold 83,667 shares at an average price of 12.55 on July 31, 2026, pursuant to PSX regulations. Insiders 21 Jul 2026
Disclosure of Interest by a Director CEO, or Executive of a listed company and their Spouses and the Substantial Shareholders u/c 5.6.1.(d) of PSX Regulations First Paramount Modaraba reported that a substantial certificate holder, Asif Nathani, sold a total of 99,999 certificates between July 14 and July 17, 2026. The transactions were executed in the ready market at prices ranging from 13.15 to 13.62. Insiders 08 Jul 2026
Draft Offer Document for Issuance of Right Certificates First Paramount Modaraba has submitted its draft Offer Document for the issuance of Right Certificates to the Pakistan Stock Exchange for review and comments. Actions 03 Jul 2026
Disclosure of Interest by a Director CEO, or Executive of a listed company and their Spouses and the Substantial Shareholders u/c 5.6.1.(d) of PSX Regulations Asif Nathani, a substantial certificate holder of First Paramount Modaraba, sold a total of 100,000 certificates across two transactions on July 1 and July 2, 2026. Insiders 30 Jun 2026
Disclosure of Interest by a Director CEO, or Executive of a listed company and their Spouses and the Substantial Shareholders u/c 5.6.1.(d) of PSX Regulations Asif Nathani, a substantial certificate holder of First Paramount Modaraba, sold a total of 66,555 certificates over two days on June 23 and June 24, 2026, at an average price of 13.50 per certificate. Insiders 30 Jun 2026
VIS Upgrades Long-term Entity Rating of First Paramount Modaraba VIS Credit Rating Company Limited has upgraded the long-term entity rating of First Paramount Modaraba from 'BBB' to 'BBB+', while maintaining the short-term entity rating at 'A3'. Material 24 Jun 2026
Disclosure of Interest by a Director CEO, or Executive of a listed company and their Spouses and the Substantial Shareholders u/c 5.6.1.(d) of PSX Regulations Asif Nathani, a substantial certificate holder of First Paramount Modaraba, sold a total of 127,020 certificates across two transactions on June 19 and June 22, 2026. Insiders 10 Jun 2026
Declaration of Right Shares First Paramount Modaraba has announced a right issue of 6,894,210 ordinary certificates at a par value of PKR 10 each, in a ratio of 1:2. The capital raised will be used to strengthen the Modaraba's equity base, comply with regulatory minimum capital requirements, and expand its Shariah-compliant financing portfolio. Actions 09 Jun 2026
Board Meeting in Progress The Board of Directors of the management company for First Paramount Modaraba is meeting to discuss, consider, and approve a right issue. This notice informs the exchange that the meeting is currently in progress. Meetings 04 Jun 2026
Disclosure of Interest by a Director CEO, or Executive of a listed company and their Spouses and the Substantial Shareholders u/c 5.6.1.(d) of PSX Regulations Asif Nathani, a substantial certificate holder of First Paramount Modaraba, purchased 10,000 shares at a price of 13.95 per share on June 3, 2026. This transaction increases his total holding to 1,793,575 shares, representing 13.01% of the company. OTHERS 03 Jun 2026
Board Meeting The Board of Directors of First Paramount Modaraba will meet on June 9, 2026, to discuss, consider, and approve the issuance of right shares. A closed period has been declared from June 3, 2026, to June 9, 2026. Meetings 01 Jun 2026
Disclosure of Interest by a Director CEO, or Executive of a listed company and their Spouses and the Substantial Shareholders u/c 5.6.1.(d) of PSX Regulations Asif Nathani, a substantial certificate holder of First Paramount Modaraba, has purchased 10,000 certificates at a rate of 13.46 per share on May 29, 2026. This transaction increases his total holding to 1,783,575 certificates, representing 12.94% of the company. OTHERS