AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Lahore: The Board of Directors of Millat Tractors Limited will convene on September 2, 2024, in Lahore to deliberate on setting the number of directors for the upcoming annual general meeting (AGM) and to address other undisclosed items. According to information available from the Pakistan Stock Exchange (PSX), this meeting highlights a strategic point in the company’s governance calendar.
In anticipation of the board meeting and in compliance with PSX regulations, Millat Tractors has initiated a “Closed Period” starting from August 27, 2024, until the day of the meeting. During this period, directors, the CEO, and other executives are prohibited from buying or selling company shares.
The closure is mandated under Clause 5.6.1.(d) of the PSX Regulations, aiming to prevent insider trading and uphold market integrity. The announcement also instructed TRE Certificate Holders at the Exchange to be notified accordingly to ensure compliance and transparency across relevant parties.
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