Lahore: The Thal Industries Corporation Limited has announced that its Board of Directors will convene on January 24, 2025, in Lahore, to review the quarterly accounts for the first quarter ending December 31, 2024. The agenda for the meeting also includes the discussion of any potential entitlements that may be declared.

In compliance with the Pakistan Stock Exchange (PSX) regulations, the company has instituted a "Closed Period" from January 17, 2025, to January 24, 2025, during which no Director, CEO, or Executive is permitted to engage in any transactions involving the company's shares. This measure is in accordance with Clause 5.6.1 (d) of the PSX Regulations, ensuring that all parties adhere to the rules governing insider trading and maintain the integrity of the market.

According to information available from the Pakistan Stock Exchange (PSX), such closed periods are a standard practice adopted by publicly traded companies to prevent any unfair advantage by those privy to insider information. This regulation ensures that the market operates on a level playing field for all investors.

The announcement also extends a request to inform the TRE Certificate Holders of the Exchange about the upcoming meeting and the closed period. This communication is part of the company's commitment to transparency and adherence to regulatory requirements within the designated market category.