Rawalpindi: Askari Bank Limited has scheduled a board meeting on October 29, 2024, to review the financial statements for the quarter ending September 30, 2024. The meeting will take place AT Rawalpindi, where directors will discuss the quarterly accounts and any potential entitlement declarations.

The bank has instituted a "Closed Period" from October 22 to October 29, 2024, as stipulated by clause 5.6.4 of the Rule Book of the Exchange. During this time, directors, the CEO, and other executives are prohibited from directly or indirectly dealing in the bank’s shares. According to information available from the Pakistan Stock Exchange (PSX), the enforcement of a closed period is a standard practice to prevent any insider trading or conflicts of interest before the release of significant financial information.

The TRE Certificate Holders of the Exchange are to be informed accordingly about the closed period and the upcoming board meeting. This measure ensures transparency and adherence to market regulations, safeguarding the interests of shareholders and the public.