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Rawalpindi: The 161st Board Meeting of Fauji Cement Company Limited (FCCL) will convene at the company’s head office in Rawalpindi on 27th August 2024. The primary agenda is to review and recommend the Annual Audited Accounts for the fiscal year that concluded on 30th June 2024.
Fauji Cement has announced a “Closed Period” from 21st August to 27th August 2024, during which company insiders, including Directors, the CEO, and Executives, are prohibited from trading shares of FCCL. This measure adheres to clause 5.6.4 of the Rule Book of the Pakistan Stock Exchange Limited.
According to information available from the Pakistan Stock Exchange (PSX), this governance practice ensures transparency and fairness in the handling of financial disclosures by preventing insider trading during critical financial reporting periods.
The company secretary, Brigadier Kashif N. Abba SI(M), Retd, has communicated this information to the members of the PSX to ensure compliance and governance standards are upheld throughout the process.
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