Karachi: First Capital Equities Limited has scheduled a crucial board meeting for October 4, 2024, in Lahore, to deliberate on the annual audited accounts for the fiscal year ended June 30, 2024. The board may also consider declarations of entitlements and other corporate actions during this meeting.

According to information available from the Pakistan Stock Exchange (PSX), the company has announced a "Closed Period" starting from September 27, 2024, to the date of the meeting on October 4, 2024. This is in compliance with clause 5.6.4 of the PSX Regulations, which prohibits directors, the CEO, and executives from buying or selling company shares during this period.

The upcoming board meeting is poised to set the direction for the company's future initiatives and potentially influence shareholder value based on the financial results and decisions taken regarding corporate actions. The company has also notified the TRE Certificate Holders of the Exchange about these developments and the imposition of the Closed Period to maintain transparency and adhere to regulatory requirements.