Karachi: Ghani Global Holdings Limited has scheduled a board meeting to assess its first quarter financial results for the period ending September 30, 2024. The meeting is slated for October 28, 2024, at Lahore.
The announcement detailed that the board members will gather to deliberate on the unaudited accounts of the first quarter. This session is pivotal for the company as it may lead to decisions regarding any potential entitlements for shareholders based on the quarter's performance.
According to information available from the Pakistan Stock Exchange (PSX), Ghani Global Holdings has also initiated a "Closed Period" starting from October 22 until the announcement of the board’s decision. During this period, directors, the CEO, and other executives are restricted from trading the company’s shares, aligning with the PSX Regulations under Clause 5.6.1(d).
This precautionary measure underscores the company's commitment to transparency and regulatory compliance during critical financial reviews. The notice for the meeting, signed by Company Secretary Farzand Ali, also instructs that TRE Certificate Holders of the exchange be informed accordingly, ensuring compliance with regulatory standards.