Karachi, GOC (Pak) Limited has announced that a meeting of its Board of Directors is scheduled to take place on September 8, 2023, in Sialkot. The primary agenda for this meeting is to determine the number of Directors in accordance with the provisions outlined in Section 154 of the Companies Act, 2017.

This significant decision reflects the company's commitment to adhering to legal requirements and ensuring proper corporate governance. The outcome of this meeting will have implications for the composition and leadership of the board, impacting the overall direction and decision-making within GOC (Pak) Limited.

In compliance with Clause 5.6.1(d) of the Pakistan Stock Exchange (PSX) Regulations, the company has declared a "Closed Period" from September 01, 2023, to September 08, 2023. During this period, no Director, CEO, or Executive of GOC (Pak) Limited is permitted to engage in any direct or indirect transactions involving the company's shares.

The decision to maintain a Closed Period during this crucial juncture underscores the company's commitment to ensuring fairness and transparency in its operations. It aims to prevent any potential conflicts of interest or insider trading while the board discusses and decides on the Director count.

GOC (Pak) Limited remains dedicated to conducting its affairs with the highest level of corporate integrity and transparency. The outcome of the upcoming board meeting will be a pivotal step in shaping the company's leadership structure and governance framework moving forward.