Delay in reaching the financial results of the Karachi Stock Exchange's Section 22 Listing Regulations, Registration 17 Company The Board of Directors meeting was held to consider the financial results of the Company which ended December 31, 2012, but the Company issued its Financial results were reported to the Karachi Stock Exchange, a day after the Board Stock Exchange meeting, by letter, the company was told that its letter of closure had not been received in a timely manner, the company had to discuss the reasons for the delay. Required. In delivering financial results, but in violation of the provisions of the Listings Regulations of the Company Stock Exchange and the correspondence of the Company Stock Exchange Company, it was expected that the Company had no response. And fully comply with the rules of the Securities Exchange Commission in practice under Section 22 of the Securities and Exchange Ordinance, 1969, and the Company is instructed to maintain and caution in declaring price sensitive information. Turn around And to ensure that all rules, regulations and instructions of the Commission are fully complied with to prevent any punishable action under the law in future.
Related judgments — Securities and Exchange Commission of Pakistan, 2014