Merit Packaging Limited Announces Board Meeting Amid Closed Trading Period

Karachi: Merit Packaging Limited has announced a forthcoming meeting of its Board of Directors scheduled for April 28, 2025. The meeting will be convened at the company's registered office in Karachi. One of the agenda items for this assembly is the review and consideration of the un-audited financial statements for the quarter ending March 31, 2025.

In compliance with regulatory requirements, Merit Packaging Limited has declared a "Closed Period" commencing from April 21, 2025, to April 28, 2025. During this time frame, as stipulated under Clause 5.6.4 of the Pakistan Stock Exchange (PSX) Regulations, no Director, Chief Executive Officer, or Executive of the company is permitted to engage, either directly or indirectly, in any transactions involving the company’s shares.

According to information available from the Pakistan Stock Exchange (PSX), the company has communicated this closure period to the Trading Right Entitlement (TRE) Certificate Holders of the Exchange. This measure is intended to ensure that all trading activities are conducted in accordance with the established guidelines and to maintain transparency and fairness in the market operations.

This announcement comes as the company prepares to disclose its financial performance for the recent quarter, and the closed period is a routine procedure to uphold the integrity of the financial reporting process within the designated market category.