Karachi: Rafhan Maize Products Company Limited has announced a scheduled meeting of its Board of Directors to review the company's quarterly accounts. The meeting is set to take place on Wednesday, April 16, 2025, at 6:00 p.m. via video conference. The agenda for the meeting includes the consideration of financial results for the period ending March 31, 2025, as well as the potential declaration of any entitlements.
The company has declared a "Closed Period" from April 9, 2025, to April 16, 2025, in compliance with Clause 5.6.4 of the Pakistan Stock Exchange (PSX) Regulations. During this period, no director, CEO, or executive of Rafhan Maize Products is permitted to engage in the trading of company shares, whether directly or indirectly.
According to information available from the Pakistan Stock Exchange (PSX), this closed period is a standard regulatory measure aimed at preventing insider trading and ensuring transparency ahead of earnings announcements. Rafhan Maize Products, a prominent player in the food processing industry, is closely watched by market participants for its financial performance and strategic decisions.
The company has advised the TRE Certificate Holders of the Exchange to take note of this announcement and act accordingly. Stakeholders and investors are keenly awaiting the outcome of the board meeting, particularly any decisions regarding dividends or other shareholder entitlements.