Lahore: The Board of Directors of Waves Home Appliances Limited (WAVESAPP) will convene on 29 August 2024 at the company's Registered Office in Lahore to review and approve the financial statements for the period ending 30 June 2024.
The meeting is set to discuss the half-yearly financial outcomes and any potential corporate actions or entitlement declarations. In compliance with the regulations of the Pakistan Stock Exchange (PSX), WAVESAPP has announced a "Closed Period" starting from 23 August 2024 to 29 August 2024, during which no director, CEO, or executive is permitted to trade company shares.
According to information available from the Pakistan Stock Exchange (PSX), the enforcement of this Closed Period is to uphold the integrity of the financial review process by preventing any insider trading or conflicts of interest during this critical review period. The company has issued notifications to all relevant Certificate Holders regarding these trading restrictions to ensure compliance with PSX rules.
This upcoming board meeting underscores WAVESAPP’s commitment to timely financial disclosures and corporate governance, reflecting its adherence to statutory requirements and best practices in business management.