Karachi: EFU Life Assurance Limited - Board of Directors' Meeting — 2nd Quarter 2024. EFU Life Assurance Limited has scheduled a Board of Directors meeting on August 22, 2024, in Karachi to discuss and approve the quarterly accounts for the period ending June 30, 2024. According to information available from the Pakistan Stock Exchange (PSX), this session is critical for evaluating the company's financial health and strategic direction for the upcoming quarters.
In adherence to regulatory requirements, particularly regulation No. 5.6.1(d) of the PSX Regulations, the company has declared a 'Closed Period' from August 15, 2024, to August 22, 2024. During this time, Directors, the CEO, and Executives are prohibited from buying or selling company shares, ensuring transparency and fairness in handling insider information.
The company has also issued instructions to inform TRE Certificate holders of the Exchange about these developments, maintaining compliance with market regulations and ensuring all stakeholders are duly informed of the corporate governance practices in place.