Karachi, Murree Brewery Company Limited has officially announced that its Board of Directors will convene a meeting on September 15, 2023, in Rawalpindi. The primary agenda of this meeting is to deliberate upon the Annual Audited Financial Statements for the fiscal year ending on June 30, 2023, and to consider the declaration of any entitlement for shareholders.
In compliance with Clause 5.6.4 of PSX Regulations, the company has instituted a "Closed Period" from September 7, 2023, until September 15, 2023. During this Closed Period, no Director, CEO, or Executive of Murree Brewery Company Limited will be allowed to engage in any direct or indirect transactions related to the company's shares.
This announcement has sparked anticipation among investors and stakeholders, as the outcome of the Board meeting may significantly impact the financial performance of the company and the entitlements received by shareholders.
Market analysts and shareholders are eagerly awaiting the decisions that will be made during the meeting and the subsequent financial disclosures. The closed period is aimed at ensuring transparency and preventing any potential conflicts of interest during this critical phase of decision-making for the company.