OLP Modaraba Schedules Board Meeting to Review Quarterly Accounts

Karachi: OLP Modaraba has announced a Board of Directors’ meeting scheduled for October 23, 2024, at Karachi to review and approve the company’s financial statements for the quarter ending September 30, 2024.

This strategic gathering is set to take place during a declared Closed Period from October 16 to October 23, 2024. During this time, in compliance with the Pakistan Stock Exchange-PSX Rule Book, no director, CEO, or executive shall engage in any transactions involving the company’s shares. According to information available from the Pakistan Stock Exchange (PSX), this measure ensures transparency and fairness in handling insider information.

The notice, issued on October 16, stresses the importance of these protocols to uphold the integrity of financial disclosures and governance standards. Company Secretary Muhammad Siddique, in his communication to the General Manager of the Pakistan Stock Exchange, requested that the members of the exchange be promptly informed about the closed period to prevent any regulatory discrepancies.

The upcoming board meeting is crucial as it will determine the financial trajectory of OLP Modaraba following its recent activities and market performance.

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