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Karachi, Faysal Bank Limited has announced that an urgent meeting of the Board of Directors will be held on May 11, 2023, at 11:00 AM in Karachi. The company has declared a “Closed Period” from May 8, 2023, to May 11, 2023, in accordance with Clause 5.6.l d) of PSX Regulations, during which no Director, CEO or Executive shall, directly or indirectly, deal in the shares of the Company in any manner.
The company has not provided any further details regarding the purpose of the meeting. However, it is expected that the Board will discuss matters of strategic importance to the bank and its stakeholders. The outcome of the meeting will be communicated to the Pakistan Stock Exchange as required by law.