Karachi: Indus Dyeing and Manufacturing Co. Limited has announced its Board of Directors meeting scheduled for October 30, 2024, to review the financial results for the first quarter which ended on September 30, 2024. The meeting will take place at Karachi.
The company has declared a "Closed Period" from October 23, 2024, to October 30, 2024, during which no director, CEO, or executive will be allowed to trade shares of the company, in compliance with PSX regulations aimed at preventing insider trading. According to information available from the Pakistan Stock Exchange (PSX), this measure ensures transparency and fairness in the handling of price-sensitive information.
Stakeholders and TRE Certificate Holders have been advised of the meeting details and the closed period to uphold stringent compliance with securities regulation. The outcomes of the meeting regarding the company's financial performance will subsequently be disclosed to the public and filed with the relevant authorities to ensure adherence to regulatory standards.