ICC Industries to Review Annual Accounts in Upcoming Board Meeting

Lahore: ICC Industries Limited has scheduled a Board of Directors meeting on October 5, 2024, to review and possibly declare entitlements related to the company's annual accounts for the fiscal period ending June 30, 2024. This session, critical for financial planning and compliance, will be held in Lahore.

In line with regulatory requirements, ICC Industries has announced a "Closed Period" from September 28 to October 5, during which no director, CEO, or executive is permitted to buy or sell company shares. This measure, mandated by Clause 5.6.1(d) of the Pakistan Stock Exchange (PSX) Regulations, is intended to prevent insider trading ahead of the disclosure of significant financial information.

According to information available from the Pakistan Stock Exchange (PSX), the upcoming board meeting is a routine part of the company’s governance to ensure that all financial proceedings are transparent and in compliance with market regulations. The meeting’s outcomes will likely influence the company’s financial decisions, including any potential dividends or entitlements for the shareholders.

The company has advised the TRE Certificate Holders of the Exchange of these details to ensure all stakeholders are aware and that market integrity is maintained throughout this sensitive period.