Karachi: Intermarket Securities Limited has announced that a Board of Directors meeting is scheduled for March 25, 2025, in Karachi, to review the company's Annual Accounts for the fiscal year ending December 31, 2024. The meeting's agenda includes the consideration of any potential entitlements for shareholders.
The company has declared a Closed Period from March 18, 2025, to March 25, 2025, inclusively. During this timeframe, in compliance with Clause 5.6.1 of the Pakistan Stock Exchange (PSX) Regulations, no Director, CEO, or Executive is permitted to engage in any transactions involving the company’s shares, either directly or indirectly.
According to information available from the Pakistan Stock Exchange (PSX), the Closed Period is a standard regulatory requirement to ensure transparency and fairness ahead of significant corporate announcements. This regulation aims to prevent insider trading and maintain market integrity.
Intermarket Securities Limited operates within the designated market category of financial services on the PSX. The company's forthcoming board meeting and the corresponding Closed Period have been communicated to the TRE Certificate Holders of the Exchange as per regulatory obligations.