Karachi, Sindh Modaraba has officially announced that its Board of Directors is set to convene a crucial meeting on September 21, 2023, in Karachi. The primary agenda of this meeting will be the comprehensive review of the company's Annual Accounts for the period ending on June 30, 2023, with the intention of declaring any entitlements.
In adherence to regulatory guidelines, Sindh Modaraba has established a "Closed Period" from September 14, 2023, to September 21, 2023. During this designated period, as mandated by Clause 5.6.1(d) of the PSX Regulations, directors, the CEO, and all company executives are strictly prohibited from engaging in any direct or indirect share dealings associated with the company.
This upcoming board meeting signifies Sindh Modaraba's commitment to transparent financial reporting and adherence to regulatory requirements. The company aims to maintain the highest standards of corporate governance while fostering trust and confidence among its stakeholders.