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Lahore: The Thal Industries Corporation Limited has announced a Board of Directors meeting to be held on July 23, 2024, at the company’s Lahore office located at 2-D-1, Gulberg III. The primary agenda of the meeting will be to review the quarterly accounts for the third quarter ending June 30, 2024, and discuss any potential declarations of entitlements.
According to information available from the Pakistan Stock Exchange (PSX), the company has also instituted a “Closed Period” from July 15, 2024, to July 23, 2024. During this period, directors, the CEO, and executives are prohibited from dealing in the company’s shares, in compliance with Clause 5.6.1 (d) of the PSX Regulations. This regulatory measure is designed to prevent insider trading and ensure transparency during critical financial discussions.
The company has taken appropriate steps to communicate these developments to the TRE Certificate Holders of the Exchange, ensuring all stakeholders are informed of the governance practices being upheld during this critical period of financial review.