Dewan Cement Announces Board Meeting and Closed Period Ahead of Financial Statements Release

Karachi: Dewan Cement Limited has announced a scheduled board meeting set for October 28, 2024, in Karachi, according to a notice sent to the Pakistan Stock Exchange. The meeting's agenda includes the review of the first quarter condensed interim financial statements for the period ending September 30, 2024.

According to information available from the Pakistan Stock Exchange (PSX), the company has also initiated a "Closed Period" from October 21 to October 28, in compliance with Clause 5.6.4 of the Exchange's Rule Book. During this period, directors, the CEO, and executive staff are prohibited from dealing in the company’s shares, either directly or indirectly.

The notice, dated October 21, 2024, was addressed to the General Manager of the Pakistan Stock Exchange and signed by Muhammad Hanif German, Company Secretary, and Syed Maqbool Ali, Director of Dewan Cement. The company has requested the Exchange to inform its members about the board meeting and the closed period stipulations.