Karachi, Ittefaq Iron Industries Limited has announced that a meeting of its Board of Directors is scheduled to take place on September 21, 2023, in Lahore. The primary agenda of this meeting is to deliberate on the company's Annual Audited Financial Statements for the fiscal year ending on June 30, 2023, with the possibility of declaring any entitlements.
In accordance with the regulations outlined in clause 05.6.1 of the Pakistan Stock Exchange Limited (PSX), Ittefaq Iron Industries has also declared a "CLOSED PERIOD" from September 14, 2023, to September 21, 2023, encompassing both days. During this closed period, no Director, CEO, or Executive of the company will be allowed to engage, directly or indirectly, in any dealings related to the shares of the company.
The upcoming board meeting will provide an opportunity for the company's leadership to review and approve the audited financial statements, ensuring transparency and adherence to regulatory standards. Shareholders and investors are encouraged to stay updated on these developments.