Calcorp Limited Schedules Board Meeting to Discuss Quarterly Accounts

Karachi: Calcorp Limited has announced a forthcoming board meeting set for October 29, 2024, in Karachi to review the company's quarterly accounts for the period ending September 30, 2024. The meeting aims to deliberate on potential entitlements that may arise from the financial outcomes of the period.

According to the notification issued by Calcorp Limited, the board meeting is pivotal for addressing the financials of the third quarter. During this period, the company will also observe a 'Closed Period' from October 22, 2024, to October 29, 2024, as stipulated by Pakistan Stock Exchange (PSX) regulations under rule 5.6.1(d). This rule mandates that no director, CEO, or executive directly or indirectly deals in the company’s shares during the closed period.

Additionally, Calcorp has advised informing the TRE Certificate Holders of the exchange regarding the closed period and the scheduled board meeting. This step ensures transparency and compliance with PSX guidelines, safeguarding the interests of all stakeholders involved.

The announcement underscores Calcorp Limited's commitment to adhering to regulatory standards and maintaining rigorous financial scrutiny. This meeting is part of the company’s routine governance to ensure accountability and accurate reporting of its financial health to shareholders and regulatory bodies.