Karachi: The Pakistan National Shipping Corporation (PNSC) has announced that a meeting of its Board of Directors will convene on May 23, 2025, in Karachi to discuss a range of miscellaneous agendas.
In compliance with regulatory requirements, the Corporation has declared a "Closed Period" from May 17, 2025, to May 23, 2025. During this period, Clause 5.6.1(d) of the Pakistan Stock Exchange's (PSX) rule book mandates that no Director, CEO, or Executive is permitted to engage, directly or indirectly, in trading the Corporation's shares.
According to information available from the Pakistan Stock Exchange (PSX), this measure is part of standard corporate governance practices to prevent any potential conflicts of interest or insider trading during critical decision-making processes. The designated market category is not specified in the announcement.
The Corporation has requested that members of the Exchange be informed of these developments.