Karachi: Intermarket Securities Limited, formerly known as EFG Hermes Pakistan Limited, has announced that its Board of Directors will convene on April 29, 2025, in Karachi. The primary agenda for this meeting is to review the company's quarterly accounts for the period ending on March 31, 2025, and to consider any potential entitlements that may be declared.
The company has instituted a closed period from April 22, 2025, to April 29, 2025, in accordance with Clause 5.6.1 of the Pakistan Stock Exchange (PSX) regulations. During this time frame, no directors, including the CEO or any executives, are permitted to engage in any direct or indirect transactions involving the company's shares.
According to information available from the Pakistan Stock Exchange (PSX), this closed period is a standard regulatory measure designed to prevent insider trading and ensure transparency before the financial results are officially disclosed to the public and stakeholders.
Intermarket Securities Limited is categorized under the designated market category, providing financial services and investment solutions. The firm's impending board meeting and subsequent decisions will be closely monitored by investors and market analysts, given the potential impact on share values and market dynamics.
TRE Certificate Holders of the Exchange have been duly informed of these developments, aligning with regulatory compliance and communication protocols.