Karachi: Dawood Lawrencepur Limited has scheduled its Board of Directors meeting for August 28, 2024, at 10:00 AM, to be held at the Dawood Centre in Karachi and through Zoom audio/video conferencing. The primary agenda for this meeting is the consideration of the Quarterly Accounts for the period ended June 30, 2024, and the declaration of any entitlements.
According to information available from the Pakistan Stock Exchange (PSX), the company has also instituted a "Closed Period" from August 21 to August 28, 2024. During this time, as required under Clause 5.6.4 of the PSX Regulations, no director, CEO, or executive is permitted to trade the company’s shares.
This restriction is a standard regulatory measure to prevent any potential conflict of interest or insider trading prior to the dissemination of significant financial information. The TRE Certificate Holders of the Exchange have been duly informed to ensure compliance with these governance standards.