Silkbank Limited Announces Board Meeting to Discuss Non-Financial Matters

Lahore: Silkbank Limited has announced that its Board of Directors will convene on December 4, 2024, in Lahore to address agenda items excluding financial results. The meeting aims to focus on various operational and strategic topics that are not related to the bank's financial performance.

The bank has also declared a "Closed Period" from December 2 to December 4, 2024. In accordance with Clause 5.6.1(d) of the Pakistan Stock Exchange (PSX) Regulations, during this period, no Director, CEO, or Executive of Silkbank Limited is permitted to engage in any direct or indirect transactions involving the bank's shares. This measure is intended to prevent any potential conflict of interest or misuse of insider information.

According to information available from the Pakistan Stock Exchange (PSX), stakeholders and TRE Certificate Holders have been informed of the meeting's schedule and the stipulations of the Closed Period. The bank's adherence to regulatory requirements ensures transparency and maintains the integrity of its operations.