Karachi, Leather Up Limited has officially announced that its Board of Directors will convene a significant meeting on October 6, 2023, in Karachi. The primary purpose of this meeting is to meticulously review the Annual Accounts for the fiscal period ending on June 30, 2023, with a particular emphasis on assessing and potentially declaring any entitlements for the company's stakeholders.

In strict compliance with the regulations set forth by the Pakistan Stock Exchange (PSX), the company has enacted a "Closed Period" that commenced on September 29, 2023, and will extend until October 6, 2023. This Closed Period is instituted in accordance with the provisions outlined in PSX Regulation 5.6.1(d).

During the Closed Period, it is crucial to note that no activities related to the acquisition, sale, or transfer of shares in Leather Up Limited are permitted, whether conducted directly or indirectly, for the company's Directors, Chief Executive Officer (CEO), or any other Executives within the organization. This measure is in place to ensure equitable conditions for all shareholders and to uphold the integrity of the stock market.

The upcoming Board meeting holds considerable significance for Leather Up Limited and its stakeholders, as it provides an opportunity to gain insights into the financial performance of the company for the preceding fiscal year. Additionally, any potential entitlements or dividends for shareholders will be discussed and potentially declared during the meeting.

Shareholders, investors, and other stakeholders are strongly urged to stay informed about the outcomes of this pivotal meeting, as they will have a direct impact on Leather Up Limited's financial outlook and, consequently, the interests of its shareholders. The company remains steadfast in its commitment to transparency and adherence to regulatory standards in all facets of its operations.