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Karachi: A meeting of the Board of Directors of Archroma Pakistan Limited is scheduled for 11:15 a.m. on Tuesday, 23 July 2024, at the company’s registered office located at 1-AB Sector 20, Korangi Industrial Area, Karachi. The agenda of the meeting is to consider the un-audited financial statements for the third quarter ended 30 June 2024.
The company has also declared a closed period from 16 July 2024 to 23 July 2024, in compliance with Regulation No. 35 of the Code of Corporate Governance of the Pakistan Stock Exchange.
According to information available from the Pakistan Stock Exchange (PSX), the stipulated closed period restricts company insiders from trading shares during this interval, aligning with standard regulatory measures to prevent insider trading ahead of the disclosure of financial results.
The outcome of the meeting is anticipated to provide stakeholders with insights into the company’s financial health and strategic direction following the third quarter of the fiscal year.