Karachi: Javedan Corporation Limited has scheduled its 80th Board of Directors meeting for September 19, 2024, to review the company's unconsolidated and consolidated financial statements for the fiscal year ended June 30, 2024. The board will also consider the declaration of any entitlements during this session.
This key meeting will take place in Karachi, marking a critical point in the company's annual financial calendar. The agenda includes a detailed examination of the financial outcomes of the past year and strategic decisions regarding shareholder dividends or other entitlements.
According to information available from the Pakistan Stock Exchange (PSX), in accordance with clause 5.6.4 of the PSX Rule Book, a Closed Period has been declared from September 12, 2024, to September 19, 2024. During this period, directors, the CEO, and executives are prohibited from dealing in the company's shares, directly or indirectly. This measure ensures compliance with regulatory requirements and maintains market integrity during sensitive financial disclosures.
The outcomes of this meeting are eagerly anticipated by stakeholders, who are keen on the company’s performance and potential reward announcements. Such meetings are integral in maintaining transparency and accountability, providing shareholders and potential investors with insights into the company's financial health and future prospects.