International Steels Ltd Schedules Board Meeting to Review Half-Year Financials

Karachi: International Steels Ltd has announced that its Board of Directors will convene on January 28, 2025, at its registered office in Karachi and via video conference. This meeting is organized to review the company's financial statements for the half year ending December 31, 2024.

The announcement comes in accordance with the regulations stipulated by the Pakistan Stock Exchange Limited. The company has declared a closed period from January 21, 2025, to January 28, 2025, inclusive of both dates. This period will remain in effect until the financial results are publicly disclosed. The closed period restricts trading of the company's shares by individuals who may have access to insider information during this timeframe.

According to information available from the Pakistan Stock Exchange (PSX), the closed period is a standard procedure to ensure fair trading practices and to prevent any potential misuse of confidential company information prior to the public release of financial results.

International Steels Ltd, a prominent entity in the designated market category, aims to maintain transparency and adhere to the established guidelines with this announcement. Stakeholders and TRE Certificate Holders of the Exchange have been duly informed to ensure compliance with the regulatory framework.