Pakistan Aluminums Beverage Cans Limited Schedules Virtual Board Meeting to Approve Financial Statements

Karachi: Pakistan Aluminums Beverage Cans Limited has announced that its Board of Directors will convene a virtual meeting to review and approve the company's audited financial statements for the fiscal year ending December 31, 2024. The meeting is set to take place on March 25, 2025, at 12:00 p.m.

In compliance with regulatory requirements, the company has declared a "Closed Period" from March 18, 2025, to March 26, 2025. During this period, no director, CEO, or executive of the company will be permitted to trade the company's shares, either directly or indirectly. This measure is in accordance with Clause 5.6.1(d) of the PSX Regulations.

According to information available from the Pakistan Stock Exchange (PSX), the company has informed the TRE Certificate Holders of the Exchange about the scheduled meeting and the implementation of the Closed Period. This step ensures that all stakeholders are aware of the company's upcoming financial disclosures and trading restrictions.

The agenda for the meeting includes the consideration and approval of the financial statements, and the declaration of any entitlements, if applicable. This announcement is significant for stakeholders as it pertains to the company's financial health and potential investor returns.