Karachi: International Industries Limited has scheduled an emergent board meeting to take place on Friday, April 4, 2025, at 11:00 a.m. The meeting will be held at the company’s headquarters on the third floor of Nadir House, located on I.I. Chundrigar Road in Karachi. The board is set to discuss matters that are not related to the company’s financials.
In line with the regulations set forth by the Pakistan Stock Exchange (PSX), International Industries Limited has declared a “Closed Period” effective from April 3, 2025, to April 4, 2025. During this period, no director, CEO, or executive of the company 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, which aims to prevent any potential conflict of interest or misuse of insider information.
According to information available from the Pakistan Stock Exchange (PSX), the company has communicated these restrictions to the TRE Certificate Holder of the Exchange to ensure compliance with the regulatory framework governing such activities. The designated market category for International Industries Limited is not specified in the available details.
The announcement of the board meeting and the implementation of the closed period reflect the company’s adherence to regulatory requirements. The meeting’s agenda, focusing on non-financial matters, underscores the board’s commitment to addressing various aspects of corporate governance and operational strategy.