Karachi: Pakistan Synthetics Limited has scheduled a board meeting on October 28, 2024, to review the company's quarterly accounts for the period ending September 30, 2024. The meeting will focus on the declaration of any entitlement, as stated in a recent announcement.
The company has also declared a closed period from October 21 to October 28, 2024, in compliance with section 5.6.1(d) of the Pakistan Stock Exchange (PSX) Regulations. During this period, directors, the CEO, and executives are prohibited from dealing in the company’s shares, either directly or indirectly.
According to information available from the Pakistan Stock Exchange (PSX), this precaution is standard practice to prevent insider trading and maintain market integrity during sensitive financial reviews. The stakeholders and TRE Certificate Holders of the exchange have been duly informed about these developments.