Rawalpindi: Frontier Ceramics Limited has announced a forthcoming board meeting scheduled for October 7, 2024, at 2:30 PM. The meeting will take place at the Toyota Rawal Motors Building, located near Swan Camp GT Road, Rawalpindi. The primary agenda includes reviewing the company's financial results for the quarter ending June 30, 2024, and discussing any entitlements that may arise.
The company has entered a closed period starting October 1, 2024, extending through October 7, 2024, as mandated by clause 5.6.4 of Rule Book 01 of the Pakistan Stock Exchange (PSX). During this time, directors, the CEO, and other executives are prohibited from buying or selling company shares, ensuring compliance and governance transparency.
According to information available from the Pakistan Stock Exchange (PSX), this measure aims to prevent insider trading and maintain market integrity during sensitive financial disclosures. Stakeholders, including TRE Certificate holders, have been advised to align their trading activities accordingly, reflecting the company’s commitment to stringent regulatory adherence and shareholder trust.
Frontier Ceramics Limited, listed under the designated market category of the PSX, continues to uphold high standards of corporate governance, as demonstrated by its systematic adherence to PSX regulations.