Plastic Industries Limited Schedules Board Meeting to Review Quarterly Accounts

Karachi: Plastic Industries Limited has announced a forthcoming board meeting scheduled for August 30, 2024, to review the company’s financial performance for the third quarter ending March 31, 2024. This key meeting will take place in Karachi, focusing on the examination of the quarterly accounts.

According to information available from the Pakistan Stock Exchange (PSX), the company has also declared a closure of its share transfer books from August 28, 2024, to August 30, 2024. This closure is in compliance with clause 5.6.4 of the PSX rule book, which mandates no trading by directors, CEOs, or any executive directly or indirectly in the company’s shares during this period.

The purpose of the share transfer book closure is to facilitate the orderly processing of transactions and ensure that all shareholder records are up-to-date ahead of the corporate actions that may be decided during the board meeting. The company has taken steps to notify TRE Certificate Holders of the exchange about these developments, ensuring compliance with regulatory requirements and maintaining transparency with its investors.

This meeting is part of Plastic Industries Limited’s regular governance cycle to assess its financial health and strategic direction, demonstrating its commitment to upholding corporate governance standards.

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