Karam Ceramics Limited Schedules Board Meeting to Review Financial Statements

Karachi: Karam Ceramics Limited has announced a board meeting slated for February 28, 2025, to review and approve the financial statements for the half-year ending December 31, 2024. The meeting is scheduled to take place at 3:00 p.m. at the company's registered office.

The company has declared a "Closed Period" from February 21, 2025, to February 28, 2025, in compliance with the Pakistan Stock Exchange (PSX) regulations. During this time, directors, the CEO, and executives of Karam Ceramics Limited are prohibited from dealing in the company's shares, either directly or indirectly.

According to information available from the Pakistan Stock Exchange (PSX), the closed period is mandated under clause 5.6.4 of the PSX regulation. This clause ensures that no trading in the company’s shares occurs by those who may have access to non-public information, maintaining market integrity.

Stakeholders, including TRE certificate holders, have been duly notified of these developments to ensure transparency and compliance with regulatory requirements. The meeting's outcomes are anticipated by market participants, with financial results expected to provide insights into the company's performance over the previous half-year.