Karachi: Ghandhara Tyre and Rubber Company Limited has announced that a meeting of its Board of Directors is scheduled to take place on Thursday, 27 February 2025, at 11:00 a.m. The meeting will be held in Karachi with the primary aim of reviewing the Half Year Accounts for the period ending on 31 December 2024.

The company has declared a “Closed Period” starting from 17 February 2025 to 27 February 2025, inclusive of both dates. This action is in compliance with clause 5.6.4 of the Pakistan Stock Exchange (PSX) Regulations. During this Closed Period, no Director, CEO, or Executive is permitted to directly or indirectly engage in trading shares of the company.

The announcement was made on a public platform to ensure transparency and compliance with regulatory requirements. The decision to declare a Closed Period is a standard practice to prevent insider trading and ensure fairness in the market.

According to information available from the Pakistan Stock Exchange (PSX), the notification serves as a reminder to the TRE Certificate Holders of the Exchange regarding the trading restrictions during the specified period. The designated market category for Ghandhara Tyre and Rubber Company Limited remains unchanged as the company gears up for its upcoming board meeting.

In the forthcoming meeting, the Board of Directors will closely examine the financial performance of the company for the half-year period. This evaluation is crucial for setting the course for the company”s strategic initiatives in the coming months. Stakeholders and investors are keenly observing these developments, given the company”s significant role in the tire and rubber industry.