Karachi: Data Agro Limited, a company listed on the Pakistan Stock Exchange, has announced an upcoming meeting of its Board of Directors scheduled for October 29, 2024. The meeting is set to discuss the quarterly accounts for the period ending on September 30, 2024, with the anticipation of declaring any possible entitlements.
According to information available from the Pakistan Stock Exchange (PSX), the Lahore-based company has also declared a closed period from October 12 to October 29, 2024, as mandated by PSX regulations section 5.6.1(d). During this period, no director, CEO, or executive is permitted to directly or indirectly deal in the shares of the company.
The company has issued a notification to the TRE Certificate Holders of the exchange to apprise them of the restrictions during the closed period. This routine governance practice is intended to prevent any insider trading or conflicts of interest ahead of the disclosure of financial results.
Data Agro Limited, located near Allama Iqbal International Airport in Lahore, continues to comply with regulatory requirements, ensuring transparency and fairness in the management of its financial affairs.