International Industries Ltd Announces Board Meeting to Discuss Annual Budget

Karachi: International Industries Ltd has announced that its Board of Directors will convene a meeting on June 30, 2025, at the company's registered office in Karachi. The primary agenda of this meeting will be to discuss matters other than the financial results, with a focus on the annual budget for the fiscal year 2025-2026.

In accordance with clause 5.6.4 of the listing regulations of the Pakistan Stock Exchange Limited, International Industries Ltd has declared a close period effective from June 18, 2025, to June 30, 2025. This period will remain in effect until the decisions made in the upcoming board meeting are made public.

According to information available from the Pakistan Stock Exchange (PSX), the close period implies that certain trading restrictions will be in place for the company’s directors, executives, and others in possession of material information that is yet to be disclosed to the public.

The board meeting will provide an opportunity for the company's leadership to outline strategic directions and operational plans for the upcoming fiscal year. Stakeholders and TRE Certificate Holders have been informed accordingly, as the outcomes of this meeting could have implications for the company's future performance and market position.

This announcement comes as part of the company's regulatory obligations and aligns with standard practices for maintaining transparency and compliance within the designated market category.