Karachi: Habib Rice Product Limited has announced a board meeting set for 24 September 2024 at Karachi. This meeting is crucial for receiving and adopting the Auditor's Report and the Audited Financial Statements for the fiscal year ended 30 June 2024. According to information available from the Pakistan Stock Exchange (PSX), the meeting aims to present these documents for the approval of the shareholders. Additionally, other matters may be discussed as permitted by the Chairman.
The company has also initiated a "Closed Period" from 16 September 2024 to 24 September 2024, in compliance with PSX Listing Regulations. This period restricts transactions by Directors, the CEO, and other executives to ensure adherence to regulatory requirements. Notices have been sent to the involved parties to enforce compliance.
This governance practice is part of the company’s efforts to uphold transparency and integrity in its financial disclosures and management processes. Shareholders and members of the exchange are advised to take note of these developments.