Ibrahim Group Announces Key Board Meeting for Executive Appointments and Board Reconstitution

Karachi, Ibrahim Group, in a recent communication with the Pakistan Stock Exchange Limited, has announced a forthcoming meeting of its Board of Directors. Scheduled for January 29, 2024, at 11:30 AM, the meeting will take place at the company’s registered office in Lahore. The agenda includes critical decisions such as the appointment of a Chief Executive Officer and Chairman. Additionally, the meeting will address the confirmation and reconstitution of the company’s Board committees, along with other related matters.

In compliance with the Pakistan Stock Exchange (PSX) Regulations, specifically Clause 5.6.4, Ibrahim Group has declared a “Closed Period” from January 22, 2024, to January 29, 2024. During this period, Directors, the CEO, and Executives are prohibited from dealing in the company’s shares, either directly or indirectly.

The Pakistan Stock Exchange has been requested to inform the TRE Certificate Holders about these developments accordingly.