Pervez Ahmed Consultancy Services Ltd Schedules Board Meeting to Declare Annual Entitlements

Lahore: The Board of Directors of Pervez Ahmed Consultancy Services Ltd has scheduled a meeting for October 3, 2024, at Lahore. The main agenda is to review and potentially declare the annual entitlements for the fiscal period ended June 30, 2024.

This meeting is crucial as it follows the financial year-end and is aimed at finalizing the accounts for the stated period. The board will discuss the financial performance of the company and make decisions regarding any entitlements that might be declared.

According to information available from the Pakistan Stock Exchange (PSX), Pervez Ahmed Consultancy Services Ltd has also announced a Closed Period from September 27, 2024, to October 3, 2024. This is in compliance with clause 5.6.1(d) of the PSX Regulations, which restricts all directors, the CEO, and executives from buying or selling company shares during this period.

The company has taken the necessary steps to ensure that all TRE Certificate Holders of the exchange are informed about the Closed Period, thus maintaining transparency and adherence to regulatory requirements.

The outcomes of this board meeting are awaited with interest by stakeholders, as they will influence the company's financial directions and shareholder benefits for the coming period.