Karachi: The meeting of the Board of Directors for Askari Bank Limited, initially scheduled earlier, has been officially rescheduled to August 29, 2024, according to a notification issued by the bank. This adjustment also extends the previously commenced closed period starting from August 13, 2024, and will continue until the conclusion of the meeting, encompassing both days.
The rescheduling details were disclosed in a follow-up to the earlier communication, referenced as letter No. SECTT/AKBL/Board-187 dated August 13, 2024. The ongoing closed period is a standard practice meant to prevent insider trading around the times of significant corporate disclosures or decisions.
According to information available from the Pakistan Stock Exchange (PSX), shareholders and TRE Certificate Holders of the Exchange have been advised of these changes to ensure compliance with regulatory standards and maintain transparency in corporate proceedings.
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