Karachi: B.F. Modaraba has announced a Board of Directors meeting set for October 03, 2024, at 11:30 a.m., to review and consider the Audited Financial Statement for the fiscal year ending June 30, 2024. The meeting, critical for determining potential shareholder entitlements, will be held at the company's registered office in Karachi.

According to information available from the Pakistan Stock Exchange (PSX), the company has instituted a Closed Period starting September 27, 2024, until the day of the meeting on October 03, 2024, in compliance with PSX regulations. This period is intended to prevent any insider trading of the company’s certificates by directors, CEOs, or executives prior to the public release of financial results.

The upcoming board meeting is expected to address significant financial outcomes and potential entitlements, reflecting the company's performance over the past year. This review is crucial for ensuring transparent and fair dissemination of the company's financial health to shareholders and the market.

TRE Certificate Holders of the Exchange have been duly informed about the meeting and the Closed Period, ensuring adherence to regulatory requirements and corporate governance standards.