Karachi: Fecto Cement Ltd. has announced a board meeting to be held on October 7, 2024, at its registered office in Karachi, to deliberate on the financial statements for the fiscal year ending June 30, 2024. The company has also declared a closed period from September 30, 2024, to October 7, 2024, during which directors, the CEO, and executives are prohibited from trading company shares.

The board meeting is anticipated to focus on the year-end financial outcomes and strategic directives for the upcoming year. According to information available from the Pakistan Stock Exchange (PSX), the enforcement of the closed period adheres strictly to Clause 5.6.4 of the Rule Book of the Exchange, aiming to prevent any insider trading during critical decision-making periods.

This announcement is in line with regulatory requirements and corporate governance norms ensuring transparency and fairness in the management of company affairs. Stakeholders and members of the exchange have been duly informed as per compliance guidelines.