Karachi, Fateh Industries Limited has announced that a meeting of the Board of Directors will be held on May 15, 2023, at Hyderabad. The purpose of the meeting is to consider the election of directors and to fix the date of Extraordinary General Meeting (EOGM) along with the number of directors to be elected.
As per the PSX Regulations, the company has declared a “Closed Period” from May 08, 2023, to May 15, 2023. During this period, no Director, CEO or Executive is allowed to deal directly or indirectly in the shares of the company in any manner.
This news has been received positively by the investors of Fateh Industries Limited, who are keen to know the outcome of the Board Meeting. The shareholders are also eagerly waiting to know the date of the EOGM and the number of directors to be elected, as this will give them clarity on the future direction of the company.
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