Karachi: Escorts Investment Bank Limited has notified the Pakistan Stock Exchange that it will convene a Board of Directors meeting via Zoom on October 28, 2024. The meeting's agenda includes the confirmation of the minutes from the last board meeting, the approval of un-audited quarterly financial statements for the period ended September 30, 2024, and other business as approved by the Chair. According to information available from the Pakistan Stock Exchange (PSX), these proceedings are aligned with the recommendations from the Audit Committee.
Furthermore, the bank has announced a closed period from October 22, 2023, to October 28, 2024. During this time, no director, CEO, or executive is permitted to directly or indirectly deal in the shares of the bank, as per clause 5.6.4 of PSX Regulations. The bank has requested that TRE Certificate Holders of the Exchange be informed of this restricted trading period.