BSL — Bhayani Securities (Pvt) Ltd.
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First IBL ModarabaFIBLM

Rs 15.14 ▲ +0.74 (+5.14%)As of close

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First IBL Modaraba: Material Information

Material InformationPOSITIVE

First IBL Modaraba has announced the in-principal approval for the formation of a subsidiary focused on Electric Vehicle (EV) Mobility and related business opportunities.

  • The Board of Directors passed the resolution on October 27, 2026.
  • The new subsidiary will explore various profitable avenues, including trading activities.
  • The formation is subject to obtaining necessary regulatory approvals and completing legal formalities.
Original filing (PDF)
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About this brief: prepared automatically by BSL’s research systems from the company’s filing with the exchange, per our editorial policy and data methodology. A summary for information, not investment advice — the original filing is the authoritative record.

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