Karachi: Hallmark Company Limited will convene a virtual Board of Directors meeting on October 7, 2024. The primary agenda for this meeting is to review the Annual Audited Accounts for the financial year that concluded on June 30, 2024, along with other corporate matters. The meeting is scheduled in accordance with corporate governance practices and will address various strategic and operational aspects of the company.

In compliance with the PSX Regulations, specifically clause 5.6.1(d), Hallmark Company Limited has also announced a close period from October 1, 2024, to October 7, 2024. During this time, Directors, the Chief Executive Officer, and Executives are prohibited from directly or indirectly dealing in the company’s shares. This measure ensures transparency and fairness leading up to the financial disclosures.

According to information available from the Pakistan Stock Exchange (PSX), the enforcement of a close period is a standard practice intended to prevent insider trading and maintain market integrity. The forthcoming board meeting is expected to play a crucial role in outlining the future trajectory of the company following the evaluation of the financial outcomes of the previous year.

This announcement has been formally communicated to the members of the Exchange to ensure adherence to regulatory requirements and uphold the principles of corporate governance within the listed entities.