Karachi: Faysal Bank Limited has announced that its Board of Directors will convene on April 24, 2025, in Karachi. The purpose of the meeting is to review and consider the bank's Unconsolidated and Consolidated (unaudited) Financial Statements for the first quarter ended March 31, 2025, along with the Directors' and Review Report, as well as other agenda items.
In compliance with regulatory requirements, Faysal Bank has instituted a closed period from April 15, 2025, to April 24, 2025. During this period, as stipulated under clause 5.6.4 of the Rule Book of the Exchange, no Director, Chief Executive Officer, or Executive of the Bank is permitted to engage in any trading of the Bank's shares, whether directly or indirectly.
According to information available from the Pakistan Stock Exchange (PSX), the announcement comes as part of the bank's regulatory obligation to ensure transparency and compliance with market regulations. The designated market category for this announcement is the financial sector, emphasizing the bank's commitment to maintaining integrity in its financial disclosures.
The bank has also communicated this information to the TRE Certificate Holders of the Exchange, ensuring all stakeholders are informed of the scheduled meeting and the associated closed period. The meeting will provide insights into Faysal Bank's financial performance and strategic direction for the upcoming quarters of 2025.