Karachi: Buxly Paints Ltd has scheduled a Board of Directors meeting on February 25, 2025, at 11:00 am to be held via video link/Zoom at X-3, Manghopir Road, SITE, Karachi. The primary agenda of the meeting is to consider and approve the un-audited financial statements for the half-year period ending on December 31, 2024, and to discuss any potential declarations of entitlements.
In compliance with the Pakistan Stock Exchange (PSX) regulations, Buxly Paints Ltd has declared a “Closed Period” starting from February 19, 2025, and ending on February 25, 2025, inclusive of both days. During this time, the company’s Directors, CEO, and Executives are prohibited from directly or indirectly dealing in the company’s shares. This measure aligns with Clause 5.6.1(d) of the PSX Regulations, ensuring transparency and fairness in trading activities.
According to information available from the Pakistan Stock Exchange (PSX), the closed period is a standard regulatory requirement to prevent insider trading and maintain market integrity. The company has duly informed the TRE Certificate Holders of the Exchange about this closed period.
Buxly Paints Ltd, a company listed under the designated market category of the PSX, anticipates that the board’s decisions and the financial review will provide valuable insights into its operational and financial performance for the latter half of 2024. Shareholders and stakeholders await the outcomes of this meeting, which could potentially impact future entitlements and market activities.