Karachi: Merit Packaging Limited has announced that a Board of Directors meeting is scheduled for August 27, 2024, at the Company's Registered Office in Karachi. The meeting will focus on reviewing the annual audited accounts for the fiscal year that ended on June 30, 2024.

The company has also declared a "Closed Period" from August 20, 2024, to August 27, 2024, as stipulated under Clause 5.6.4 of the Pakistan Stock Exchange (PSX) Regulations. During this period, no director, CEO, or executive is permitted to buy or sell company shares, either directly or indirectly.

According to information available from the Pakistan Stock Exchange (PSX), this measure ensures compliance with regulatory requirements and maintains the integrity of the financial review process by preventing any insider trading before the disclosure of the annual results.

The outcomes of this meeting are significant as they will determine the financial health and strategic direction of Merit Packaging Limited for the upcoming fiscal year. Certificate holders of the exchange have been notified about these developments as per protocol.