Karachi: Colgate-Palmolive (Pakistan) Limited has announced that its Board of Directors will convene on January 24, 2025, at the company's registered office in Karachi. The primary agenda for this meeting is to review the un-audited financial statements for the half-year period ending December 31, 2024. These financials have been duly reviewed by the company's auditors and will provide key insights into the company's financial performance for the first half of the fiscal year.

In compliance with regulatory requirements, the company has instituted a "Closed Period" from January 17, 2025, to January 24, 2025. This period is mandated under Clause 5.6.4 of the Pakistan Stock Exchange (PSX) Regulations, during which no director, CEO, or executive of Colgate-Palmolive (Pakistan) Limited is permitted to engage in trading the company’s shares, either directly or indirectly. This measure is designed to prevent insider trading and ensure fair market practices.

According to information available from the Pakistan Stock Exchange (PSX), the board meeting and the financial disclosures are of significant interest to stakeholders, including TRE Certificate Holders. The review of the half-yearly financials is expected to provide a comprehensive overview of the company's operational efficiency and market position in the designated market category.

The company has communicated the details of the closed period to the relevant parties to ensure full compliance with the PSX regulations, demonstrating their commitment to transparency and regulatory adherence.