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Lahore: Altern Energy Limited has scheduled a Board of Directors meeting for September 19, 2024, to review the company’s annual accounts for the fiscal year ended June 30, 2024. According to information available from the Pakistan Stock Exchange (PSX), the meeting will take place in Lahore and is critical for finalizing the financial results of the year.
The company has also declared a closed period from September 11, 2024, to September 19, 2024. During this time, no director, CEO, or executive is permitted to buy or sell company shares, ensuring compliance with corporate governance norms and avoiding any conflicts of interest as they finalize the annual financial statements.
This closed period is a standard practice intended to prevent insider trading and maintain transparency during the sensitive time when financial results are being finalized and approved.