Karachi: Indus Motor Company Limited has scheduled a board meeting for June 24, 2025, to review and consider its annual budget for the fiscal year 2025-2026. The meeting will take place in Karachi and will also be accessible via Zoom or video link.
The company has declared a "Closed Period" from June 17, 2025, to June 25, 2025, inclusive of both days. This measure is in compliance with Clause 5.6.4 of the Pakistan Stock Exchange (PSX) Rule Book. During this period, no director, CEO, or executive of Indus Motor Company Limited is permitted to engage in any direct or indirect transactions involving the company's shares.
According to information available from the Pakistan Stock Exchange (PSX), the announcement regarding the closed period has been made to inform the TRE Certificate Holders of the Exchange. The designated market category for Indus Motor Company Limited's shares remains unchanged during this period.
The decision to implement a closed period is a standard practice aimed at preventing insider trading and ensuring transparency during the board's review of the company's financial prospects for the upcoming year.