Karachi: Fecto Cement Ltd. has announced that its Board of Directors will convene on October 28, 2024, to review the company's financial performance for the quarter ending September 30, 2024.

The meeting, set to take place in Karachi, will focus on the examination of the accounts for the recently concluded quarter. In alignment with regulatory requirements, Fecto Cement has also declared a "Closed Period" starting from October 21, 2024, until the date of the board meeting on October 28, 2024.

During this Closed Period, all directors, the CEO, and executives are prohibited from buying or selling company shares. This restriction is in compliance with Clause 5.6.4 of the Rule Book of the Pakistan Stock Exchange (PSX), aiming to prevent any insider trading or conflicts of interest during the sensitive period leading up to the financial disclosures.

According to information available from the Pakistan Stock Exchange (PSX), these measures are standard practice to ensure transparency and fairness in the handling of financial information and stock trading.

Shareholders and potential investors are advised to note these dates as they may impact trading and investment decisions. The outcomes of the board meeting are eagerly anticipated, as they will provide insights into the company's financial health and future prospects.