Breaking News

Shifa International Hospitals Ltd. to Review Annual Financial Statements in Upcoming Board Meeting

Islamabad: The Board of Directors of Shifa International Hospitals Ltd. will convene on September 14, 2024, at the company’s registered office in Islamabad to review the Annual Financial Statements for the financial year that concluded on June 30, 2024.

The meeting, critical to the corporate calendar, aims to scrutinize the financial performance of the company, both on unconsolidated and consolidated bases. As stipulated by the regulations of the Pakistan Stock Exchange (PSX), a “Closed Period” has been declared from September 05, 2024, until the meeting date. During this period, directors, the CEO, and other executives are prohibited from buying or selling company shares.

According to information available from the Pakistan Stock Exchange (PSX), this prohibition is a standard compliance measure to prevent insider trading and maintain market integrity.

The outcomes of this meeting are crucial as they directly impact the financial insights provided to shareholders and potential investors. The company has also instructed that the Certificate Holders of the Exchange be informed about these developments, ensuring all regulatory requirements and communications are meticulously adhered to.

The post Shifa International Hospitals Ltd. to Review Annual Financial Statements in Upcoming Board Meeting appeared first on .

Check Also

PSX Issues Buy-Back Directive for Three Companies Over Regulatory Non-Compliance

Karachi: The Pakistan Stock Exchange (PSX) has issued a compulsory buy-back directive to the sponsors and majority shareholders of three companies, following their continued failure to comply with specific financial regulations. The companies have bee...

The post PSX Issues Buy-Back Directive for Three Companies Over Regulatory Non-Compliance appeared first on .