Rawalpindi: Fauji Cement Company Limited (FCCL) has announced its upcoming board meeting, scheduled to take place at the company’s head office in Rawalpindi on June 26, 2025. The primary agenda of the meeting is to consider and approve the annual budget for the fiscal year 2026.
In compliance with regulatory requirements, FCCL has instituted a "Closed Period" starting from June 20 to June 26, 2025. This period restricts any direct or indirect dealings in the company's shares by directors, the Chief Executive Officer, or any executives. The measure is in adherence to clause 5.6.4 of the Rule Book of the Pakistan Stock Exchange Limited, ensuring transparency and integrity in the handling of sensitive financial information.
According to information available from the Pakistan Stock Exchange (PSX), the closed period is a standard practice to prevent any potential misuse of insider information prior to significant corporate announcements or decisions.
FCCL has urged the members of the PSX to be informed of these developments accordingly, highlighting the company's commitment to maintaining compliance with established stock market regulations and ensuring orderly market conduct within the designated market category.