Karachi: Rupali Polyester Limited has scheduled a non-financial board meeting to discuss executive appointments, according to a letter addressed to the General Manager of the Pakistan Stock Exchange Limited. The meeting is set to take place on November 5, 2024, at Lahore.

The agenda for the upcoming board meeting includes crucial appointments such as the Chief Executive and Chairman of the board. This meeting falls under the compliance requirements of Sections 187 and 192 of the Companies Act, 2017. According to information available from the Pakistan Stock Exchange (PSX), a "Closed Period" from October 30 to November 5, 2024, has been declared. During this period, no director, CEO, or executive shall engage in any share dealings of the company, as per Clause 5.6.4 of PSX Regulations.

This strategic move by Rupali Polyester aims to ensure adherence to regulatory standards while making significant leadership decisions. The company has requested that the TREC Holders of the Exchange be informed accordingly to maintain transparency and regulatory compliance.