Karachi: Thal Limited has officially announced that its Board of Directors will convene on Wednesday, February 26, 2025, at 03:30 PM to review the Financial Statements for the half-year ended December 31, 2024. The board will also deliberate on the declaration of any entitlements. Any corporate announcements resulting from this meeting will be communicated to the Pakistan Stock Exchange (PSX) on the next working day, Thursday, February 27, 2025, during PUCARS timing.
In compliance with the PSX regulations, Thal Limited has instituted a “Closed Period” from February 17, 2025, to February 27, 2025, inclusive of both dates. During this period, Clause 5.6.4 of PSX Regulations mandates that no Director, CEO, or Executive of the company shall engage in any form of share dealing, whether directly or indirectly.
This move aims to ensure transparency and fairness as the company prepares to disclose its financial performance for the designated period. According to information available from the Pakistan Stock Exchange (PSX), such measures are standard practice to prevent any undue advantage or misuse of insider information during critical financial disclosures.
Thal Limited has communicated this information to the TRE Certificate Holders of the exchange, ensuring that all stakeholders are adequately informed of the proceedings and regulatory compliance.