Karachi: Calcorp Limited has announced a forthcoming meeting of its Board of Directors scheduled for October 7, 2024, to deliberate on the annual accounts for the fiscal period ended June 30, 2024. The meeting will focus on evaluating the company's financial performance over the past year and potentially declaring any entitlements for shareholders.

In accordance with regulatory requirements, the company has instituted a "Closed Period" starting from October 1, 2024, through to the meeting date on October 7, 2024. According to information available from the Pakistan Stock Exchange (PSX), during this period, company insiders, including Directors, the CEO, and Executives, are prohibited from buying or selling company shares. This measure is designed to prevent any undue advantage based on unpublished financial results, ensuring fairness and transparency in compliance with Clause 5.6.1(d) of the PSX Regulations.

The results of this meeting are keenly awaited by shareholders and market watchers, as they will provide insights into the company’s financial health and future direction. The announcement has also been communicated to TRE Certificate Holders to ensure that all market participants are aware of the restrictions during the Closed Period.