Karachi, A meeting of the Board of Directors of Apna Microfinance Bank Limited is scheduled to take place on June 10, 2023, at 14:30 in Lahore. The primary agenda of the meeting is to review and consider the Annual Accounts for the period ending December 31, 2022, in order to determine any entitlement that may arise.
To ensure fairness and prevent any potential conflicts of interest, the company has announced a Closed Period, effective from May 30, 2023, to June 10, 2023. During this period, no Director, CEO, or Executive of the bank is permitted to engage in any transactions involving the shares of the company, either directly or indirectly.
The Board Meeting provides an opportunity for the directors to collectively assess the financial performance and overall position of Apna Microfinance Bank Limited. By reviewing the Annual Accounts, they can gain insights into the bank's profitability, liquidity, and other key financial indicators. The outcome of the meeting, including any entitlement declared, will have implications for the bank's shareholders and stakeholders.