Karachi, Gammon Pakistan Limited has announced the rescheduling of its upcoming Board of Directors meeting, originally slated for September 25, 2023. The meeting, which was intended to discuss the annual financials for the 4th quarter ending June 30, 2023, and any related entitlements, will now take place on October 4, 2023, at 11:00 AM in Rawalpindi.
To accommodate this change, the company has also declared a "Closed Period" extending from September 27, 2023, to October 4, 2023. During this time, insiders, employees, and other relevant parties are prohibited from trading the company's shares to ensure the integrity and fairness of the financial information discussed during the meeting.
The decision to reschedule the board meeting may have been influenced by various factors, including the need for additional time for financial preparations, or scheduling conflicts among board members. Gammon Pakistan Limited remains committed to transparent and responsible corporate governance practices and aims to provide accurate and comprehensive financial information during the upcoming meeting on October 4th, 2023.