Karachi: Intermarket Securities Limited has announced that an emergent meeting of its Board of Directors will take place on January 24, 2025, at 04:00 p.m. in Karachi. The meeting has been convened to discuss and consider matters other than financials. The company has stated that any material developments arising from this meeting will be promptly communicated to the stock exchange.
In alignment with regulatory requirements, Intermarket Securities Limited has declared a Closed Period from January 22, 2025, to January 24, 2025, inclusive of both days. During this period, no director, CEO, or executive of the company is permitted to deal in the company's shares, either directly or indirectly. This restriction is in accordance with Clause 5.6.1 of the Pakistan Stock Exchange (PSX) Regulations.
According to information available from the Pakistan Stock Exchange (PSX), this measure ensures compliance with governance protocols and safeguards against any potential conflicts of interest or misuse of sensitive information. It is anticipated that any significant decisions or announcements resulting from the board meeting will be of particular interest to stakeholders and market participants.
Intermarket Securities Limited is committed to upholding transparency and regulatory compliance, and the outcomes of this meeting could have implications for strategic direction and operational priorities. The company continues to engage with TRE Certificate Holders of the Exchange to ensure they are informed of any developments.