Lahore: First Street Manufacturing Modaraba has scheduled a Board of Directors meeting for October 28, 2024, at Lahore. The agenda includes the approval and discussion of the quarterly accounts for the period ending September 30, 2024.

The Modaraba has announced a Closed Period from October 22 to October 28, 2024, as per Clause 5.6.4 of the PSX Regulations. During this time, directors, CEOs, and executives are prohibited from trading the company’s certificates, ensuring compliance with market conduct rules.

According to information available from the Pakistan Stock Exchange (PSX), the Closed Period is a standard practice to prevent any insider trading before the public release of significant financial results.

This protocol highlights the company's commitment to maintaining transparency and integrity in its financial dealings, especially during periods when sensitive financial information is discussed. The forthcoming board meeting is expected to be a critical time for assessing the company's financial health and making strategic decisions that could impact its market position.