Karachi: The Pakistan National Shipping Corporation (PNSC) has announced an emergent meeting of its Board of Directors, scheduled for November 29, 2024, in Karachi. The meeting will focus on miscellaneous agendas, as per a notice shared with the Pakistan Stock Exchange (PSX).
In compliance with Clause 5.6.1(d) of the PSX Rule book, PNSC has declared a “Closed Period” from November 28, 2024, to November 29, 2024. During this period, no Director, CEO, or Executive of the Corporation is permitted to deal in the shares of the Corporation, either directly or indirectly.
According to information available from the Pakistan Stock Exchange (PSX), the announcement has been made to inform the Members of the Exchange and ensure adherence to the regulations concerning share dealings.
The meeting and the associated Closed Period are procedural steps taken by the Corporation, emphasizing the importance of regulatory compliance in its operations.