Karachi: The National Investment Trust Limited (NIT) has announced a forthcoming meeting of its Board of Directors, slated for June 20, 2025. The key agenda for this meeting is to consider the declaration of interim dividends for several of its funds.

The funds under consideration include the National Investment (Unit) Trust Fund (NI(U)T Fund), NIT-Islamic Equity Fund (NIT-IEF), NIT-Government Bond Fund (NIT-GBF), NIT-Income Fund (NIT-IF), NIT-Islamic Income Fund (NIT-IIF), NIT-Asset Allocation Fund (NIT-AAF), and NIT-Social Impact Fund (NIT-SIF). The outcomes of this meeting could have significant implications for investors participating in these funds.

The books of these funds are set to be closed on the same day as the meeting, June 20, 2025. Consequently, the sale and repurchase of NIT units will be suspended during this period. This move is intended to facilitate the smooth processing of dividend considerations by the board.

According to information available from the Pakistan Stock Exchange (PSX), the designated market category for these funds is the collective investment scheme sector. This sector plays a pivotal role in the investment landscape, providing diversified investment opportunities to a broad spectrum of investors.

Communication protocols have been established for contacting the exchange on the day of the meeting. Mr. Faisal Arjumand or Ms. Anisa Panjwani will be responsible for liaising with the exchange through designated phone numbers and fax lines to ensure the seamless transmission of information.