International Steels Limited to Review Quarterly Financials in Upcoming Board Meeting

Karachi: A significant board meeting of International Steels Limited is scheduled for October 24, 2024, which will be held in Karachi and via video conference. This gathering aims to examine the un-audited financial statements for the quarter ending September 30, 2024.

The company has announced a close period starting from October 18, 2024, until October 24, 2024, during which all TRE Certificate Holders are to be informed. According to information available from the Pakistan Stock Exchange (PSX), this closed period is in compliance with clause 5.6.4. of the PSX listing regulations. The close period is mandated to prevent trading of the company’s shares by insiders until the financial results are officially released.

The outcomes of this meeting are highly anticipated as they will reveal the financial direction of International Steels Limited for the third quarter of the year. Stakeholders are advised to refrain from trading shares during the close period to ensure transparency and fairness in the handling of financial information.

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