Karachi: Dewan Automotive Engineering Limited has scheduled a board meeting for October 1, 2024, to review the company's annual financial statements for the fiscal year that concluded on June 30, 2024. According to information available from the Pakistan Stock Exchange (PSX), the meeting will take place in Karachi, Pakistan.

In compliance with the PSX Rule Book's Clause 5.6.4, the company has also announced a "Closed Period" starting from September 24, 2024, until the date of the board meeting. During this period, directors, the CEO, and executives are prohibited from buying or selling company shares.

The purpose of the Closed Period is to prevent insider trading and ensure that all shareholders and potential investors have equal access to important financial information prior to its official release. The upcoming board meeting will likely be crucial for stakeholders looking to understand the company’s performance and future outlook.