Lahore: Baluchistan Glass Limited has scheduled a board meeting on September 19, 2024, at its headquarters in Lahore, to review the Annual Audited Financial Statements for the fiscal year that ended on June 30, 2024. This critical meeting will focus on the financial performance of the company and strategic directions for the upcoming fiscal year.
The company has also initiated a Closed Period starting from September 12, 2024, until the day of the board meeting, during which no director, CEO, or executive is permitted to trade shares of the company. This Closed Period is in compliance with Clause 5.6.4 of the Pakistan Stock Exchange (PSX) Regulations, which aims to prevent insider trading and ensure transparency during the audit review process.
According to information available from the Pakistan Stock Exchange (PSX), the announcement of the financial results is expected to be disseminated to the market on September 20, 2024. This follows the board meeting's conclusion outside of the Pakistan Unified Corporate Action Reporting System's (PUCARS) operational hours. Shareholders and market watchers are keenly awaiting the results, which will provide a clear view of the company's financial health and future outlook.
Baluchistan Glass Limited has advised all members of the Exchange to take note of these dates and the trading restrictions applied during the Closed Period.