Karachi: Thal Limited has announced a crucial Board of Directors meeting set for October 29, 2024, where the primary agenda will be to review the financial statements for the quarter ended September 30, 2024, and to discuss any potential entitlement declarations.

In a routine yet significant corporate procedure, the company prepares to disclose these financial results and related corporate actions. Any outcomes from this meeting, including declarations of entitlements, are scheduled to be communicated to the Pakistan Stock Exchange (PSX) on the subsequent working day, October 30, 2024, aligning with PUCARS operating hours.

According to information available from the Pakistan Stock Exchange (PSX), Thal Limited has also declared a "Closed Period" from October 21, 2024, to October 30, 2024, encompassing both days fully. This measure is in compliance with Clause 5.6.4 of PSX Regulations, which prohibits directors, CEOs, and executives from buying or selling company shares during this period. This is a standard practice intended to prevent insider trading and to maintain fairness and transparency in the handling of non-public, sensitive financial information.

The TRE Certificate Holders have been informed about these developments to ensure that all regulatory requirements are met and that the market operates without disruptions due to insider actions during this critical financial reporting period.