AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: A forthcoming meeting of the Board of Directors of Feroze1888 Mills Limited is scheduled to take place on 23 July 2024 to discuss and potentially approve the budget for the fiscal year 2024-25.
This meeting is specifically convened for matters other than financial results, as disclosed by the company. The board will gather in Karachi to deliberate on the financial directives for the upcoming year, marking a significant step in the company’s annual planning cycle.
According to information available from the Pakistan Stock Exchange (PSX), the company has also instituted a Closed Period from 12 July 2024 to 23 July 2024, adhering to Clause 5.6.4 of PSX Regulations. During this time, restrictions are placed on insiders such as directors, the CEO, and executives, prohibiting them from buying or selling company shares.
Stakeholders, including certificate holders of the exchange, have been advised of these developments to ensure compliance and transparency in accordance with regulatory requirements.