Macter International Limited Schedules Board Meeting to Approve Annual Budget

Karachi: Macter International Limited has announced that its Board of Directors will convene on June 23, 2025, in Karachi to review and approve the company's annual budget for the fiscal year 2025-26. This meeting is not focused on financial results but is a critical part of the company's strategic planning.

In compliance with regulations, the company has declared a "Closed Period" from June 16 to June 23, 2025. During this time, no directors, the chief executive officer, or executives are permitted to engage in any stock transactions involving the company, either directly or indirectly. This restriction is in accordance with Clause 5.6.14(1) of the Pakistan Stock Exchange (PSX) Regulations.

According to information available from the Pakistan Stock Exchange (PSX), such closed periods are a standard practice aimed at preventing insider trading and ensuring transparency and fairness in the market. The designated market category for Macter International Limited is essential for investors to note during this period.

The company has communicated these details to the TRE Certificate Holders of the Exchange, ensuring all stakeholders are informed of the upcoming meeting and the closed period's implications.