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Karachi, In a significant corporate development, Security Leasing Corporation Limited has announced that the Board of Directors will convene a meeting on October 3, 2023, at the company’s head office in Karachi. The primary agenda of this gathering is to deliberate upon and approve the financial statements for the fiscal year ending on June 30, 2023.
The company further informed stakeholders and the public that a “Closed Period” has been officially declared in accordance with Clause (xxiii) of the Code of Corporate Governance. This Closed Period is in effect from September 26, 2023, to October 3, 2023, encompassing both of these dates.
During this Closed Period, all Directors, the Chief Executive, and Executives of Security Leasing Corporation Limited have been duly informed and will adhere to the regulatory restrictions and guidelines associated with the Closed Period. These measures are in place to ensure the integrity and transparency of financial information, preventing any insider trading or undue influence on the company’s stock prices during the critical phase of financial statement preparation and approval.
This Board meeting and the subsequent approval of financial statements are anticipated to provide valuable insights into the company’s financial performance for the year ending on June 30, 2023. Stakeholders, including investors and analysts, eagerly await the outcomes of the meeting, which could have a significant impact on the company’s stock performance and strategic decisions in the upcoming months.
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