Karachi: First National Equities Limited has scheduled a meeting of its Board of Directors for October 03, 2024, at 16:00 in Lahore. The board will review the Annual Accounts for the fiscal year that concluded on June 30, 2024, to decide on any entitlements for the shareholders.

The meeting is a critical financial event as it assesses the company's yearly fiscal performance and determines subsequent shareholder distributions. According to information available from the Pakistan Stock Exchange (PSX), First National Equities Limited has enforced a Closed Period from September 26, 2024, to October 03, 2024. This period adheres to Clause 5.6.1(d) of PSX Regulations, which restricts company directors, the CEO, and executives from buying or selling company shares during this interval, ensuring compliance and mitigating any conflicts of interest associated with insider trading.

Shareholders and investors are keenly awaiting the outcomes of this meeting, which will influence the company’s financial strategies moving forward. The company has communicated these developments to the TRE Certificate Holders of the Exchange to ensure all procedural compliances are met.