Dadex Eternit Limited to Hold Board Meeting for Annual Accounts Review

Board Meetings

Karachi, Dadex Eternit Limited, a prominent player in the construction and building materials industry, has announced that its Board of Directors will convene a crucial meeting on September 20, 2023. The primary agenda of this meeting is to review the Annual Accounts for the fiscal period ending on June 30, 2023, and discuss the possibility of declaring any entitlements for shareholders.

To ensure the integrity and confidentiality of the financial information being discussed, the company has declared a "Closed Period" from September 13, 2023, to September 20, 2023. During this period, individuals with inside knowledge of the company's financial affairs, including directors, officers, and employees, are prohibited from trading in the company's shares or disclosing any sensitive financial details to the public.

This precautionary measure is in line with regulatory requirements and serves to maintain fairness and transparency in the trading of Dadex Eternit Limited's shares on the stock market. The closed period is expected to lift immediately after the board meeting on September 20, 2023, or as otherwise notified by the company.

Investors and stakeholders are advised to keep a close watch on developments related to the Board of Directors' meeting, as the outcomes may have an impact on the company's financial position and its shareholders' interests. The company remains committed to its policy of adhering to high standards of corporate governance and ensuring that all decisions are made in the best interest of its shareholders and the broader stakeholder community.