Rafhan Maize Announces Board Meeting and Closed Period

Karachi: Rafhan Maize Products Co Ltd has officially notified the Pakistan Stock Exchange (PSX) about its upcoming Board of Directors meeting scheduled for October 24, 2024, via video-link. The primary agenda will be the review of the quarterly accounts for the period ending September 30, 2024, and the declaration of any entitlements.

In the notice addressed to the General Manager of PSX, the company confirmed that the meeting will include key discussions on the fiscal performances and potential entitlement declarations. According to information available from the Pakistan Stock Exchange (PSX), this crucial meeting is expected to guide the future financial decisions and strategies of the company.

Rafhan Maize also declared a "Closed Period" from October 17 to October 24, 2024, as mandated by Clause 5.6.4 of PSX Regulations. During this period, directors, the CEO, and other executive members are prohibited from buying or selling company shares. This measure ensures the prevention of any insider trading or conflicts of interest as the board reviews the performance of the past quarter.

The company has advised that all TRE Certificate Holders of the PSX be informed accordingly, ensuring compliance and transparency during this critical fiscal review period.