Karachi: D.S. Industries Limited has scheduled a board meeting for October 29, 2024, at Lahore, aimed at reviewing the company’s quarterly financial results for the period ending on September 30, 2024, and discussing entitlement declarations. The firm has also initiated a trading blackout period from October 22 to October 29 as per regulatory mandates.
According to information available from the Pakistan Stock Exchange (PSX), the meeting is expected to focus on the company’s recent performance and strategic decisions related to shareholder entitlements. The board of directors will convene at the company’s headquarters in Lahore to deliberate on the financial outcomes and other business matters.
Furthermore, D.S. Industries has declared a closed period starting on 22 Oct 2024 until the meeting day, during which no director, CEO, or executive is permitted to trade the company’s shares. This measure adheres to PSX regulations under clause 5.6.1(d), intended to prevent any insider trading during critical financial disclosures.
The company has advised TRE Certificate Holders of the exchange about these developments, ensuring compliance with market rules and transparency with stakeholders.
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