FrieslandCampina Engro Pakistan Sets Board Meeting to Review Quarterly Accounts

Karachi: FrieslandCampina Engro Pakistan Limited has scheduled a crucial meeting of its Board of Directors on October 17, 2024, at their headquarters in Karachi. The agenda for this gathering includes the review of the 3rd Quarterly Accounts for the period ending September 30, 2024.

According to information available from the Pakistan Stock Exchange (PSX), the company has announced a "Closed Period" starting from October 11, 2024, until the day of the meeting, October 17, 2024. This measure is in compliance with Clause 5.6.1(d) of PSX Regulations, aimed at preventing any insider trading during this sensitive financial review period. During the Closed Period, directors, the CEO, and other executives are prohibited from buying or selling company shares.

The decision to enforce this Closed Period reflects the company's stringent adherence to corporate governance standards, ensuring that all regulatory requirements are met without any conflicts of interest. The TRE Certificate Holders of the Exchange have been notified about these developments to maintain transparency and fairness in the handling of corporate information.