Karachi: Dadabhoy Cement Industries Limited has scheduled a board meeting for October 7, 2024, at the boardroom of its registered office in Karachi, to deliberate on the annual accounts for the fiscal year ending June 30, 2024. The meeting aims to discuss potential entitlements for the period.

The company has also announced a "Closed Period" from September 30, 2024, to October 7, 2024, in compliance with Clause 5.6.1 (d) of the Pakistan Stock Exchange (PSX) Regulations. During this period, directors, the CEO, and executives are prohibited from dealing directly or indirectly with the company's shares.

According to information available from the Pakistan Stock Exchange (PSX), the purpose of this restriction is to prevent any insider trading or conflict of interest that could arise during the time when sensitive financial information is discussed and decisions regarding shareholder entitlements are made.

Shareholders and certificate holders have been advised of these developments and are encouraged to await the outcomes of the upcoming board meeting, which will likely influence the company’s financial and operational strategies for the upcoming year.