Karachi: International Steels Limited has announced a Board of Directors meeting scheduled for August 20, 2024, to be held in Karachi and via video conference. The purpose of the meeting is to review the company's annual audited financial statements for the fiscal year ending June 30, 2024.
According to information available from the Pakistan Stock Exchange (PSX), a closed period has been declared from August 13, 2024, to August 20, 2024. During this time, TRE Certificate Holders of the Exchange will be notified and restricted from trading company shares until the annual financial results are publicly disclosed.
The review of these financial statements is a regulatory compliance measure under clause 5.6.4 of the listing regulations of the Pakistan Stock Exchange Limited. This meeting is critical for assessing the company’s financial health and operational performance over the past fiscal year.