Karachi: A meeting of the Board of Directors of Hafiz Limited is scheduled for 3rd October, 2024, to review the annual accounts for the fiscal year that ended on 30th June, 2024, and to make decisions regarding potential entitlements. The company has initiated a "Closed Period" from 26th September to 3rd October, aligning with the regulatory requirements of the Pakistan Stock Exchange (PSX) under Clause 5.6.4.

The closed period is a critical compliance measure during which directors, the CEO, and executives are prohibited from dealing in the company's shares, either directly or indirectly. This precaution is designed to prevent any misuse of undisclosed financial information that could influence the company's share prices.

According to information available from the Pakistan Stock Exchange (PSX), Hafiz Limited has communicated these details to certificate holders and relevant parties within the financial community, ensuring transparency and adherence to governance standards. The outcomes of the forthcoming board meeting are keenly anticipated by stakeholders, as they will influence the company’s financial strategies and shareholder value going forward.