Hascol Petroleum Announces No Dividend and Sets Date for Annual General Meeting

Karachi, Hascol Petroleum Limited has recently concluded its Board of Directors meeting on August 03, 2023, at the company's corporate office. During the meeting, the Board approved the annual accounts for the year ended on December 31, 2022. Additionally, the Board recommended that no dividend will be distributed to the shareholders for the mentioned period.

Furthermore, the company has scheduled its Annual General Meeting to take place on August 31, 2023. This meeting will be a crucial opportunity for shareholders to discuss company affairs and financial matters.

To facilitate the smooth conduct of the Annual General Meeting and to determine the entitlement of shareholders, Hascol Petroleum has announced the closure of its Share Transfer Books from August 25, 2023, to August 31, 2023 (both days inclusive). During this period, shareholders will not be able to transfer shares, ensuring the accurate determination of ownership and voting rights during the meeting.