Karachi: The Board of Directors of Shabbir Tiles & Ceramics Limited is scheduled to convene on July 11, 2024, with the sole agenda of reviewing and approving the company’s annual budget for the fiscal year 2024-2025.

According to information available from the Pakistan Stock Exchange (PSX), this meeting will take place during a declared "Closed Period" which runs from July 4 to July 11, 2024. During this period, the company’s directors, CEO, and executives are prohibited from dealing directly or indirectly with the company's shares. This restriction is in compliance with Clause 5.19.15 (Code of Corporate Governance) of the PSX Rule Book, aimed at preventing insider trading and ensuring transparency during critical financial decisions.

The outcome of this meeting is crucial as it will determine the financial direction of Shabbir Tiles & Ceramics for the upcoming year. It is a key event for stakeholders who are keen on the strategic planning and fiscal health of the company.