Karachi: Fauji Cement Company Limited has announced its 162nd board meeting scheduled for October 25, 2024, at Rawalpindi, to deliberate on the quarterly unaudited accounts and Directors' Review for the first quarter ending September 30, 2024. This meeting is set to take place at 1000 hours and is aimed at evaluating the company's recent financial performance.

The company has also declared a “Closed Period” from October 19 to October 25, 2024, during which no director, CEO, or executive shall trade in the company’s shares. According to information available from the Pakistan Stock Exchange (PSX), this measure is in compliance with clause 5.6.4 of the PSX Rule Book, ensuring transparency and fairness in the handling of insider information.

This notification about the closed period and the upcoming board meeting was addressed to the General Manager of the Pakistan Stock Exchange, emphasizing the company's adherence to regulatory requirements and corporate governance standards. The outcomes of this meeting are likely to influence the company’s strategies and operations going forward, reflecting its commitment to corporate accountability and stakeholder communication.