Nishat (Chunian) Limited to Review Annual Financial Statements in Upcoming Board Meeting

Lahore: The Board of Directors of Nishat (Chunian) Limited has scheduled a meeting for September 26, 2024, to consider and approve the audited separate and consolidated financial statements for the fiscal year ended June 30, 2024. This session is set to take place in Lahore, marking a significant annual review of the company's financial health.

In preparation for this critical meeting, Nishat (Chunian) Limited has announced a "Closed Period" from September 20 to September 26, 2024, inclusive of both days. During this time, no director, CEO, or executive is permitted to buy or sell company shares, adhering to Clause 5.6.4 of the Rule Book of the Exchange. This measure is designed to prevent any insider trading or conflicts of interest as the Board reviews and discusses the financial outcomes of the past year.

According to information available from the Pakistan Stock Exchange (PSX), this governance protocol underscores the company's commitment to transparency and regulatory compliance during periods of sensitive financial proceedings.

The outcomes of this meeting are eagerly anticipated by TE Certificate Holders and investors, given their potential to influence future strategic directions and investor relations. The approved financial statements will provide a detailed view of Nishat (Chunian) Limited's financial trajectory and operational stability over the past fiscal year.