Karachi: Quice Food Industries Ltd. has announced a board of directors meeting slated for October 28, 2024, to review and potentially approve its unaudited financial statements for the quarter ending September 30, 2024. The meeting will occur at the company's registered office in Karachi.

The corporation has entered a closed period starting October 22, 2024, and ending October 28, 2024, during which no director, CEO, or executive will be allowed to trade shares of the company. This measure is in compliance with Clause 5.6.4 of the Rule book of the Pakistan Stock Exchange (PSX), designed to prevent any insider trading ahead of the disclosure of financial results.

According to information available from the Pakistan Stock Exchange (PSX), the upcoming meeting is critical as it aligns with corporate governance requirements to ensure transparency and fairness in the handling of financial disclosures.

The closed period is a routine procedure to curb the misuse of non-public information that could influence the company’s stock price. All TRE Certificate Holders of the exchange have been duly informed as required by the regulations.

Quice Food Industries has taken necessary steps to adhere to regulatory requirements and uphold market integrity by scheduling these proceedings in a transparent and orderly manner.