Karachi: United Brands Limited has announced that its Board of Directors will convene on October 4, 2024, at 11:30 AM in Karachi to review the company’s annual financial statements for the fiscal year ended June 30, 2024. The board will specifically focus on the declaration of any entitlements for shareholders based on the company’s performance.

In line with regulatory requirements, United Brands Limited has declared a "Closed Period" from September 28, 2024, to October 4, 2024. During this time, as mandated under clause 5.6.1(d) of the Pakistan Stock Exchange (PSX) Regulations, all directors, the CEO, and executives are prohibited from trading shares of the company. This measure is intended to prevent any insider trading based on unpublished financial results.

According to information available from the Pakistan Stock Exchange (PSX), the meeting is critical for assessing the company’s financial health and strategic direction following the closure of the fiscal year. The outcomes of this meeting are anticipated to play a significant role in shaping the future course of the company’s operations and shareholder value.