Karachi: Pak Leather Crafts Limited, a noted exporter of leather and leather garments, has scheduled a board meeting for October 30, 2024, at its registered office in Karachi. The meeting aims to review the company's quarterly performance for the period ending September 30, 2024, and to declare any resultant entitlements.

The company has officially entered a "closed period" from October 23 to October 30, as mandated under Rule 5.19.15 pertaining to Corporate Governance of the Stock Exchange's rule book. During this time, directors and executive management are restricted from buying or selling company shares. According to information available from the Pakistan Stock Exchange (PSX), this measure ensures transparency and fairness in handling insider information.

The closed period notice has been issued to TRE Certificate Holders of the Exchange to ensure compliance with the stock exchange regulations. This routine governance practice underscores the company's commitment to maintaining stringent ethical standards in its operations.

Pak Leather Crafts Limited has communicated this development in a formal notice to the General Manager of the Pakistan Stock Exchange, ensuring all regulatory requirements are met ahead of the financial disclosures.