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Pakistan Press International

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SeizedPakistani Squash Stars Shine in Asian ChampionshipMiddle Eastern, Islamic Nations Condemn Israeli Strikes on Iran, Urge Immediate De-escalation, Diplomatic ResolutionPunjab’s Health and Education Budget Exceeds the Entire Budget of Khyber Pakhtunkhwa: Punjab Information MinisterPunjab Allocates Significant Budget for Health and Education: Senior Minister Maryam AurangzebDiscussion on ML-1 and ML-3 Railway Projects in a Meeting Chaired by the Prime MinisterSuspension of Indus Water Treaty is a Direct Threat to Pakistan’s Water Supply: Prime MinisterSiraj ul Haq and Allama Jawad Naqvi Visit Iranian Embassy in Islamabad, Express SolidarityBalochistan Assembly Presents a Budget of 1028 Billion Rupees, Eliminates 6000 Jobs, Increases Salaries and PensionsHafiz Naeem’s Statements are Political Point Scoring: Sharjeel Inam MemonItalian Navy Ship Anchors at Karachi Port, Conducts Joint Exercises47 Scientists, Engineers Honoured with Civil Awards for Meritorious Services Under NCA: ISPRPresident of Azad Kashmir Tanveer Ilyas Expresses Concern Over Atrocities in Occupied KashmirGovernor Sindh Contacts Iranian Ambassador, Discusses Safe Return of Pakistani PilgrimsCOAS Meets Overseas Pakistanis in Washington DC, Highlights Their Key Role in Pakistan’s ProgressIncrease in Electric Vehicle Purchases in Pakistan Due to Rising Petrol PricesSenate Committee Opposes GST on Solar Panels, Demands Fair Taxation on Small Cars in Fifth Budget Review SessionUzbek Ambassador Meets Speaker of the National Assembly at Parliament HouseIslamabad Food Authority Cracks Down on Substandard Salt Units: 3 Sealed After InspectionCDA Scraps Digital Parking System, Reverts to Manual ‘Perchi’ Method Amid ControversySanitation Workers Honoured on Global Sanitation Workers Day in Islamabad1295th Urs of Hazrat Abdullah Shah Ghazi Begins in Karachi, Inaugurated by Acting GovernorWater Crisis in Karachi, Power Supply to Pipri Pumping Station Disrupted Due to Cable FaultSister-in-Law Murdered by 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IssuesSindh Allocates 25 Billion Rupees to Facilitate Public with Solar Energy: Nasir ShahSindh Governor Lauds Overseas Pakistanis as Economic HeroesIsraeli Attack on Iran a Violation of International Laws, UN, says Allama Shabbir MeisamiFive Indian-Backed Militants Killed in Separate Operations in KPUAE Delegation Explores Enhanced Bilateral Cooperation with PakistanInternational Community Must Focus on Human Rights Violations in Occupied Kashmir: Sultan ChaudhryFive Khwarij belonging to Indian Proxy killed operation: ISPRSenate Hosts Groundbreaking AI Workshop to Boost Digital GovernanceSBP Retains Policy Rate at 11% Amidst Inflation and Growing Economic RisksLahore Chamber condemns Israeli Military Actions Against IranPrime Minister Expresses Gratitude on International Day of Family RemittancesSenate Panel Uncovers Billions in Hidden Revenues, Proposes Major Amendments to Finance Bill 2025Pakistan Clears FATF Requirements, Defense MinisterIncrease in Petroleum Prices is Detrimental, 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Board of directors meeting of Orix Modaraba

February 14, 2022

Karachi, Orix Modaraba informed Pakistan Stock Exchange that board of directors meeting of the company will be held on February 21, 2022 at Karachi. The agenda of the meeting will to consider the Quarterly Accounts for the period ended December 31, 2021.

Further, the company has declared the closed period from February 14, 2022 to February 21, 2022.

ORIX Modaraba was formed and managed by ORIX Services Pakistan (Private) Limited. The Modaraba is a perpetual Modaraba and is primarily engaged in financing of plant and machinery, motor vehicles both commercial and private, computer equipment and housing under the modes of Ijarah Islamic leasing and Diminishing Musharika. The Modaraba may also invest in commercial and industrial ventures suitable for the Modaraba. The Modaraba may also invest in commercial and industrial ventures suitable for the Modaraba.

The total numbers of shares are 45,383,530. The Earnings per share is 2.81 in 2020 which was 2.78 in 2019. The Profit After Taxation is 127,458,000 in 2020 which was 126,057,000 in 2019.

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