Hyderabad: Fateh Sports Wear Limited has announced that its Board of Directors will convene for a crucial meeting on Monday, February 24, 2025, at 9:00 a.m. at the company”s registered office located on Mirpurkhas Road, Hyderabad. The primary agenda of this gathering is to deliberate on the 2nd Quarterly Accounts for the fiscal period that concluded on December 31, 2024.
As part of regulatory compliance, the company has declared a Closed Period, spanning from February 17, 2025, to February 24, 2025. This measure is in accordance with section 5.6.1(d) of the Pakistan Stock Exchange (PSX) Regulations. During this timeframe, no Director, CEO, or Executive affiliated with Fateh Sports Wear Limited is permitted to engage in any transactions involving the company”s shares, whether directly or indirectly.
According to information available from the Pakistan Stock Exchange (PSX), the Closed Period ensures that all corporate insiders abstain from trading activities, thereby maintaining transparency and fairness in the market. This policy prevents any potential conflicts of interest or unfair advantage that might arise from possessing privileged information ahead of the financial disclosures.
Stakeholders and certificate holders associated with the exchange have been duly informed about the Closed Period and the upcoming board meeting. The company emphasizes the importance of adhering to these guidelines to uphold the integrity of its operations and the confidence of its investors in the designated market category.