Cherat Packaging Limited Sets Closed Period Before Financial Review

Karachi: Cherat Packaging Limited has announced a closed trading period from October 21, 2024, to October 28, 2024, as it prepares for a critical board meeting to review its latest financial statements. The meeting is scheduled for October 28, 2024, at the company’s head office, focusing on the financial outcomes for the quarter ending September 30, 2024.

During the closed period, stipulated under Clause 5.6.4 of the Pakistan Stock Exchange Rule Book, no director, CEO, or executive will be permitted to buy or sell company shares. According to information available from the Pakistan Stock Exchange (PSX), this protocol is intended to prevent any insider trading ahead of the public release of financial data.

The purpose of the closed period is to ensure all stakeholders are informed simultaneously and transparently, reflecting Cherat Packaging Limited’s commitment to fair trading and corporate governance standards.

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