Karachi: Dadabhoy Sack Limited has announced that a meeting of its Board of Directors is scheduled to take place on February 28, 2025, at 11:00 a.m. The gathering will be held in the board room of the company’s registered office located at Suite # 4, 2nd floor, Plot # 28-30/C, Noor Centre, Khayaban-e-Ittehad, Lane # 12, Phase VII, D.H.A., Karachi. The primary agenda of the meeting is to consider the half-yearly accounts for the period ending December 31, 2024.

The company has instituted a “Closed Period” from February 21, 2025, to February 28, 2025, in accordance with Clause 5.6.1 (d) of the Pakistan Stock Exchange (PSX) Regulations. During this time frame, no director, CEO, or executive 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 implementation of a closed period is a regulatory requirement to prevent insider trading and ensure transparency and fairness in the market.

Dadabhoy Sack Limited has communicated this information to the TRE Certificate Holders of the Exchange, as obligated under the market’s regulatory framework. The upcoming board meeting is part of the company’s routine financial review process, aimed at providing an accurate assessment of its financial performance for the designated half-year period.