Karachi: Cherat Packaging Limited has scheduled a board meeting for August 22, 2024, to review the financial statements for the fiscal year ending June 30, 2024. The designated market category for this announcement is corporate governance and financial reporting. The meeting will take place at the company's head office in Karachi. In preparation for this meeting, Cherat Packaging has declared a Closed Period from August 16, 2024, to August 22, 2024, as stipulated under Clause 5.6.4 of the Rule Book of the Pakistan Stock Exchange (PSX). During this period, directors, the CEO, and executives are prohibited from trading company shares.
According to information available from the Pakistan Stock Exchange (PSX), the outcomes of this board meeting are crucial as they will detail the company’s financial health and operational success over the past year. This review is anticipated to play a key role in informing future business strategies and shareholder value.
The company has also issued instructions to inform all TRE Certificate Holders of the Exchange about the meeting and the Closed Period to ensure compliance and transparency.