Isuzu to Discuss Annual Budget in Board Meeting via Video Conference

Karachi: A Board of Directors meeting of Isuzu is scheduled to be conducted through video conferencing on Saturday, July 20, 2024, to review the annual budget for the fiscal year 2024-2025.

The meeting will focus on strategic financial planning for the upcoming year, with all directors, including the CEO, expected to attend remotely. The company has also announced a “Closed Period” starting from July 12, 2024, to July 20, 2024, during which no director, CEO, or executive will be allowed to trade company shares. This prohibition is in compliance with Clause 5.6.4 of the Pakistan Stock Exchange (PSX) Regulations.

According to information available from the Pakistan Stock Exchange (PSX), these measures are standard practice to prevent insider trading and ensure transparency while important financial decisions are made. The company has communicated these details to the TRE Certificate Holders of the Exchange to ensure all regulatory requirements are met and stakeholders are informed of the restrictions.

This meeting represents a crucial step for Isuzu as it prepares for the next fiscal year, with significant decisions on budget allocations and financial strategies on the agenda.

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