Ecopack Limited Adjourns Board Meeting to Review Financial Statements and Extends Closed Period

Karachi, Ecopack Limited, a leading company in its sector, has announced the adjournment of its Board of Directors meeting originally scheduled for September 27, 2023, in Karachi. The meeting was set to review and approve the financial statements for the fiscal year ending June 30, 2023, alongside the statement of compliance, Auditor's report, Chairman's review, and the Directors report.

The rescheduled meeting will now take place on September 28, 2023, at the same venue. The company intends to provide an update to the Pakistan Stock Exchange (PSX) regarding the outcomes of this adjourned Board meeting.

In accordance with Clause 5.6.4 of PSX Regulations, Ecopack Limited had previously declared a "Closed Period" from September 20, 2023, to September 27, 2023. However, due to the adjournment of the Board meeting, the Closed Period has been extended to September 28, 2023. During this period, no Director, CEO, or Executive of the company is allowed to directly or indirectly deal in the shares of Ecopack Limited in any manner.

This extension of the Closed Period is in line with regulatory requirements and aims to ensure transparency and fairness in the trading of the company's shares. Ecopack Limited remains committed to upholding the highest standards of corporate governance and regulatory compliance. Shareholders and stakeholders will eagerly await the outcomes of the rescheduled Board meeting as the company continues its financial reporting and decision-making processes.