Karachi: Bank Makramah Ltd. has announced that its Board of Directors will convene a meeting on April 30, 2025, in Karachi to consider and approve the Quarterly Accounts for the period ending March 31, 2025. This meeting is pivotal for shareholders as it will provide insights into the bank's financial performance for the first quarter of the year.
In compliance with regulatory requirements, the bank has instituted a "Closed Period" from April 24, 2025, to April 30, 2025. During this timeframe, no Director, CEO, or Executive of the bank is permitted to engage in direct or indirect transactions involving the bank's shares. This measure aligns with clause 5.6.4 of the Rule Book of Pakistan Stock Exchange (PSX).
According to information available from the Pakistan Stock Exchange (PSX), this regulatory measure ensures transparency and fairness in the trading of the bank's shares, safeguarding the interests of all stakeholders involved.
The bank has advised the TREC Holders of the Exchange to adhere to these stipulations. Such practices underscore the institution's commitment to maintaining robust governance standards within the designated market category.