Karachi, Century Paper & Board Mills Limited has scheduled a meeting of its Board of Directors on August 10, 2023, in Karachi. The primary agenda of the meeting will be to consider, among other matters, the annual audited accounts for the fiscal year ended June 30, 2023.
In accordance with Clause 5.6.4 of PSX Regulations, the company has declared a "Closed Period" from August 03, 2023, to August 10, 2023 (both days inclusive). During this period, no Director, CEO, or Executive of the company is permitted to deal in the shares of Century Paper & Board Mills Limited, either directly or indirectly, in any manner.
The declaration of the Closed Period aims to ensure a fair and transparent review of the company's financial results by preventing any potential insider trading or improper influence on the company's shares. All relevant parties are required to strictly adhere to this restriction until the Board meeting concludes and the annual audited accounts are duly reviewed and finalized.