Karachi: Ghandhara Automobiles Limited has announced that its Board of Directors will convene a meeting on June 25, 2025, in Karachi, with the option for participation via video conferencing. The primary agenda for the meeting is to deliberate on the Annual Budget for the financial year 2025-26.
In compliance with the Pakistan Stock Exchange (PSX) regulations, the company has instituted a "Closed Period" from June 18, 2025, to June 25, 2025. During this time frame, no Director, CEO, or Executive is permitted to engage in any form of trading involving the company's shares. This measure is in adherence to Clause 5.6.4 of the PSX Regulations, which mandates such restrictions to prevent any potential conflicts of interest or misuse of confidential information.
According to information available from the Pakistan Stock Exchange (PSX), the announcement of the "Closed Period" ensures that all trading activities are transparent and in line with regulatory standards. This step is crucial in maintaining the integrity of market operations and safeguarding investor interests.
The company's notification has been directed to the TRE Certificate Holders of the Exchange, ensuring that all relevant parties are informed of these developments. The designated market category for Ghandhara Automobiles Limited will be closely observing the outcomes of this board meeting, given its implications on the company's financial trajectory for the upcoming fiscal year.