Karachi: The Pakistan Stock Exchange Limited (PSX) has announced that it will hold a Board of Directors meeting on Monday, February 24, 2025, at 12 p.m. The meeting will be conducted at the registered office of the Exchange and via video conferencing. The agenda includes considering and approving the half-yearly financial statements for the period ending December 31, 2024, alongside the declaration of any entitlement.
In compliance with regulatory requirements, the Exchange has instituted a “closed period” from February 18, 2025, to February 24, 2025. During this time, as per Clause 5.6.4 of the PSX Rule Book, Directors, the CEO, and Executives are prohibited from dealing in the Exchange”s shares, whether directly or indirectly, in any capacity.
According to information available from the Pakistan Stock Exchange (PSX), this procedural step ensures transparency and integrity in the market dealings, safeguarding against any potential conflicts of interest during the period of financial scrutiny.
The Pakistan Stock Exchange operates within the designated market category, overseeing numerous regulatory and financial activities in the country”s capital markets. This upcoming board meeting marks a significant event in the financial calendar, as it will determine the fiscal health and strategic direction of the Exchange for the remainder of the financial year.