Karachi: Dewan Salman Fibre Limited has announced that its Board of Directors will convene on November 26, 2024, in Karachi to review the condensed interim financial statements for the first quarter ending September 30, 2024. The company has instituted a "Closed Period" from November 19, 2024, to November 26, 2024, in compliance with Clause 5.6.4 of the Rule Book of the Exchange. During this period, the company's directors, CEO, and executives are prohibited from trading the company's shares.
According to information available from the Pakistan Stock Exchange (PSX), the closed period is a standard regulatory requirement aimed at preventing insider trading and ensuring market integrity. Members of the exchange have been duly informed about the meeting and the closed period. The board meeting will primarily focus on evaluating the company's financial performance for the aforementioned period.