Lahore: Rupali Polyester Limited has announced a scheduled meeting of its Board of Directors to review the second quarterly and half-yearly financial statements for the period ending 31 December 2024. The meeting is set to take place on Thursday, 27 February 2025, at 14:30 hours at the company's headquarters, Rupali House, located at 241-242 Upper Mall Scheme, Anand Road, Lahore.
In compliance with the Pakistan Stock Exchange (PSX) regulations, the company has declared a "Closed Period" from 20 February 2025 to 27 February 2025. During this period, no Director, CEO, or Executive of Rupali Polyester Limited is permitted to engage in any direct or indirect transactions involving the company’s shares. This measure aligns with Clause 5.6.4 of the PSX Regulations.
According to information available from the Pakistan Stock Exchange (PSX), the announcement of the closed period and the scheduled board meeting are part of the standard operational protocols adhered to by companies to ensure transparency and compliance with regulatory requirements. These steps are essential to maintain investor confidence and uphold market integrity.
The company has also communicated these developments to the Trading Rights Entitlement Certificate (TREC) Holders of the Exchange, ensuring that all stakeholders are informed of the upcoming board meeting and the restrictions in place during the closed period.