Karachi: AKD Securities Limited has announced that its Board of Directors will convene on Monday, February 24, 2025, at 03:30 p.m. The meeting will take place at the company”s registered office located at Suite 602 Continental Trade Center, Block-8, Clifton, Karachi, with an option to join via video link. The primary agenda of the meeting is to review and consider the half-yearly financial statements for the period ending December 31, 2024.

In compliance with the Pakistan Stock Exchange (PSX) regulations, the company has declared a Closed Period from February 18, 2025, to February 24, 2025. During this time frame, no Director, CEO, or Executive of AKD Securities Limited is permitted to directly or indirectly engage in trading the company”s shares. This measure is in accordance with Clause 5.6.4 of PSX Regulations, ensuring transparency and preventing insider trading.

According to information available from the Pakistan Stock Exchange (PSX), the announcement of a Closed Period aligns with standard practices observed by companies to uphold market integrity. This measure is designed to prevent any potential misuse of undisclosed financial information that might affect the company”s stock value.

AKD Securities Limited, categorized under the designated market category of financial services, is committed to maintaining high standards of corporate governance. The upcoming board meeting will provide a platform for the directors to assess the company”s financial performance and strategize for future growth, ensuring that the interests of shareholders and stakeholders are well represented.

The company has also informed THE Certificate Holders of the Exchange about the Closed Period and the scheduled board meeting, emphasizing its dedication to maintaining open communication with its investors and stakeholders.