Karachi: Fecto Cement Ltd. has announced that its Board of Directors will convene on April 28, 2025, at the company's registered office in Karachi. The agenda for the meeting includes the review and consideration of the financial accounts for the quarter ending March 31, 2025.
In compliance with Clause 5.6.4 of the Rule Book of the Exchange, Fecto Cement Ltd. has declared a "Closed period" from April 22, 2025, to April 28, 2025. During this time, no director, CEO, or executive of the company will be permitted to engage in any trading activities involving the company's shares, either directly or indirectly.
The announcement of the closed period is intended to ensure transparency and prevent any potential conflicts of interest related to the trading of the company's shares. According to information available from the Pakistan Stock Exchange (PSX), this measure is a standard regulatory requirement for publicly traded companies.
Fecto Cement Ltd. operates within the designated market category of the Pakistan Stock Exchange and adheres to the rules and regulations governing corporate governance and trading activities. This announcement serves as a formal notification to the members of the exchange about the upcoming board meeting and the restricted trading period.