HALA ENTERPRISES LIMITED SCHEDULES BOARD MEETING TO APPROVE ANNUAL ACCOUNTS

Lahore: Hala Enterprises Limited has scheduled a Board of Directors meeting for September 28, 2024, to review and approve the company’s annual accounts for the fiscal year ending June 30, 2024.

The meeting, set to take place in Lahore, is crucial for the fiscal oversight and strategic planning of the company. According to information available from the Pakistan Stock Exchange (PSX), the Board will convene to scrutinize the financial performances detailed in the annual accounts, ensuring they meet regulatory standards and reflect the company’s fiscal health accurately.

Additionally, Hala Enterprises has announced a “closed period” from September 21, 2024, to September 28, 2024. During this time, directors, the CEO, and executives are prohibited from trading company shares, as stipulated under clause (xxvi) of the Code of Corporate Governance included in the Stock Exchange listing regulations. This measure is intended to prevent insider trading and maintain market integrity.

The company has communicated this information to the members of the Exchange to ensure compliance and transparency as required by corporate governance norms.

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