Haji Mohammad Ismail Mills Limited Announces Upcoming Board Meeting to Discuss Q1 Accounts

Karachi: Haji Mohammad Ismail Mills Limited has scheduled a board meeting for October 28, 2024, to review and approve the company's financial results for the first quarter, which ended on September 30, 2024. The agenda will also cover the declaration of any entitlements or other corporate actions.

The meeting is set to take place in Karachi, where directors will deliberate on the company's performance and potential distributions to shareholders. According to information available from the Pakistan Stock Exchange (PSX), the company has also announced a "closed period" from October 24, 2024, to October 30, 2024. During this time, directors, the CEO, and executives are prohibited from buying or selling company shares.

This restriction is in compliance with clause 5.6.1(d) of the PSX Regulations, which aims to prevent insider trading and maintain market integrity during sensitive financial disclosures.

Stakeholders, including TRE Certificate holders, have been duly informed about these developments as part of the regulatory requirements.