Karachi: Ferozsons Laboratories Limited has announced an upcoming board meeting scheduled for May 17, 2025, to be conducted via video link. The agenda of this meeting is to address matters unrelated to the company's financial results. Following the meeting, any material information is expected to be disseminated through the Pakistan Stock Exchange (PSX) PUCARs portal.
In compliance with PSX regulations, Ferozsons Laboratories has declared a "Closed Period" from May 16 to May 18, 2025. During this time, no director, chief executive officer, or executive is permitted to engage in any form of transactions involving the company's shares, whether directly or indirectly. This measure is in accordance with Clause 5.6.10 of the PSX regulations.
According to information available from the Pakistan Stock Exchange (PSX), the company has communicated these details to the TRE Certificate Holders of the Exchange. The decision to hold a board meeting with a focus on non-financial matters reflects the company's adherence to regulatory requirements and its commitment to transparency with stakeholders.