Karachi: The General Manager of the Pakistan Stock Exchange (PSX) has been notified that Khyber Tobacco Company Limited will hold its board meeting on Monday, October 7, 2024. The meeting, scheduled for 03:00 P.M at the company's registered office on Nowshera Road, Mardan, will focus on the review of the yearly accounts for the period ended June 30, 2024, with the potential declaration of any entitlements.

According to information available from the Pakistan Stock Exchange (PSX), the company has also declared a "Closed Period" from October 1, 2024, to October 7, 2024. During this time, as stipulated under Clause 5.19.15 of the Code of Corporate Governance contained in the PSX Rule Book, no director, CEO, or executive is permitted to directly or indirectly deal in the company's shares.

The imposition of this Closed Period is a standard practice meant to prevent any insider trading or conflicts of interest as the company prepares to disclose its financial results to its shareholders and the broader market. The outcomes of this forthcoming board meeting are keenly awaited by market observers and will be crucial for assessing the financial health and future directions of Khyber Tobacco.