Karachi: Dadabhoy Sack Limited announced that a meeting of its Board of Directors will take place on October 7, 2024, in the Board Room of the Registered Office in Karachi. The agenda for this meeting is to review the Annual Accounts for the fiscal year ended June 30, 2024, and to discuss the potential declaration of any entitlements.

According to information available from the Pakistan Stock Exchange (PSX), the company has also declared a "Closed Period" starting from September 30, 2024, to October 7, 2024. During this time, directors, the CEO, and executives are prohibited from dealing directly or indirectly in the company's shares. This measure adheres to Clause 5.6.1(d) of the PSX Regulations, aiming to prevent insider trading around the announcement of significant financial results.

The Board's decision on whether to declare dividends or other entitlements will be closely watched by investors, especially in light of the company’s performance over the past financial year.