Karachi: Siemens (Pakistan) Engineering Co. Limited has announced that its Board of Directors will convene on November 28, 2024, in Karachi to review the company's Annual Audited Financial Statement for the fiscal year ending September 30, 2024. The meeting will also address the declaration of any entitlements.
The company has instituted a "Closed Period" from November 21, 2024, to November 28, 2024, in compliance with Clause 5.6.4 of the Pakistan Stock Exchange (PSX) Regulations. During this time frame, directors, the managing director, and executives are prohibited from engaging in any share transactions involving the company, either directly or indirectly.
According to information available from the Pakistan Stock Exchange (PSX), Siemens Pakistan has requested that the TRE Certificate Holders be informed of these developments. This move is part of the company's adherence to regulatory standards and its commitment to maintaining transparency and accountability in financial reporting.