Karachi: Tri-Pack Films Limited has announced that its Board of Directors will convene on April 18, 2025, at the company's Karachi office and through Zoom. The meeting will focus on reviewing the condensed interim financial statements for the quarter and the three-month period ending March 31, 2025. The board will also consider any potential entitlements based on these unaudited financial statements.
The company has declared a "Closed Period" starting from April 11, 2025, until April 18, 2025, in accordance with Clause 5.6.4 of the Pakistan Stock Exchange (PSX) Rule Book. During this timeframe, no Director, CEO, or Executive of Tri-Pack Films Limited is permitted to engage in transactions involving the company’s shares. This restriction remains in effect until the financial information discussed in the board meeting is disclosed to the public.
According to information available from the Pakistan Stock Exchange (PSX), this measure is standard practice intended to prevent insider trading and ensure transparency. The PSX Rule Book mandates such closed periods to maintain the integrity of the market and protect investors.
The company has also informed the Trading Right Entitlement (TRE) Certificate Holders of the Exchange regarding these developments. Tri-Pack Films Limited is classified under the designated market category, and such announcements are a critical part of maintaining compliance with regulatory standards.