Karachi: Shabbir Tiles and Ceramics Limited has announced the scheduling of its Board of Directors meeting on Friday, February 7, 2025, at 5.00 p.m. in Karachi. The primary agenda of the meeting will be to review and consider the half-yearly accounts for the period ending December 31, 2024, and to declare any entitlements, if applicable.

In adherence to the regulatory requirements set forth in Clause 5.6.4 of the Rule Book of the Exchange, the company has declared a "Closed Period" starting from February 1, 2025, to February 7, 2025, inclusive of both days. During this time, no Director, CEO, or Executive of the company is permitted to engage in any dealings, either directly or indirectly, with the company's shares. This measure ensures compliance and aims to maintain transparency and integrity in the company's financial practices.

According to information available from the Pakistan Stock Exchange (PSX), the implementation of a closed period is a standard practice within the designated market category to prevent insider trading and uphold the credibility of financial disclosures.

Stakeholders and TRE Certificate Holders of the Exchange have been duly informed of this development to ensure that all market participants are aware of the company's compliance with the established regulations. This move is part of the company's ongoing commitment to adhere to best practices in corporate governance and transparency as it prepares to publish its financial outcomes for the first half of the fiscal year.