Notices Closed 09 Sep 2026
First Paramount Modaraba: Rights Issue Notice — Subscription & Payment Details (Deadline 2026-09-09)
First Paramount Modaraba · Karachi · The Nation,
Notice advertisement published in The Nation on Thursday, 20 August 2026, listed under Karachi. Issued by First Paramount Modaraba. The last date printed on the advertisement was Wednesday, 9 September 2026 and has passed.
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Issuer: First Paramount Modaraba. This notice informs certificate-holders that unpaid Right Certificates were credited into their CDS accounts on 2026-08-18 at the ratio of 1 Right Certificate for every 2 ordinary certificates held as at close of business on 2026-08-13. Eligible holders may subscribe for the right issue as per the schedule below.
| Event | Date |
|---|---|
| Record date (certificates registered as at) | 2026-08-13 |
| Rights credited into CDS accounts | 2026-08-18 |
| Subscription offer 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 to subscribe (closing date) | 2026-09-09 |
| Expected date of credit of right securities into CDS | 2026-09-23 |
Subscription & payment instructions:
- Payments must be made by cash or crossed cheque or demand draft payable to "FIRST PARAMOUNT MODARABA - RIGHT CERTIFICATES SUBSCRIPTION" and submitted through the designated bank branches on or before 2026-09-09 together with a completed Right Subscription Request form.
- Designated banker to the issue: Meezan Bank Limited (All Branches). IBAN: PK92MEZN00012001115299883. Account Number: 000112599883.
- Non-resident Pakistani / foreign certificate-holders: payments should be deposited in PKR and the corresponding Bank Draft / Pay Order along with copies of NICOP or passport must be sent to the Company Secretary before the closing date.
- CDC account holders / sub-account holders: an online payment facility is available through CDC-approved channels; payments must be accompanied by the Right Subscription Request. Holders should coordinate with their broker or CDC participant for online payment and subscription processing.
- All cheques, pay orders and demand drafts must be drawn on a bank situated in the same city where the Right Subscription Request is deposited. Refunds/allotments will be processed in accordance with CDC procedures.
How to submit: Submit the completed Right Subscription Request and payment to any branch of the designated banker (Meezan Bank Limited) or follow CDC/broker instructions for online payment if you are a CDS account holder. Ensure required identity documents (NIC/NICOP/Passport) are provided where applicable.
Issuer contact and correspondence address:
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. Company Secretary — THK Associates (as listed for queries).
Notice issued in Karachi on 2026-08-20. 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.
Questions about this notice
- What is the last date for this notice?
- The advertisement prints Wednesday, 9 September 2026. That date has passed.
- Which newspaper published this notice?
- The Nation, in the edition of Thursday, 20 August 2026.
- Which city is this notice listed under?
- Karachi. That is the city recorded for this advertisement — taken from the notice where it names a place, and otherwise from the newspaper edition it appeared in.
- How do I respond to this notice?
- Follow the instructions printed in the clipping; the advertiser’s own page is linked from this one. Applications are not submitted through this page.
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