Karachi: SG Allied Businesses Limited announced a board meeting scheduled for October 7, 2024, at the company's registered office in Karachi and via videoconferencing. The primary agenda is to consider and approve the audited financial statement for the fiscal year ended June 30, 2024.

The company will also observe a "Close Period" from September 30 to October 07, 2024, during which directors, the CEO, and executives are prohibited from trading company shares. This is in compliance with Clause 5.6.4 of the Rule Book of the Pakistan Stock Exchange. According to information available from the Pakistan Stock Exchange (PSX), the restriction aims to prevent insider trading around the disclosure of significant financial outcomes.

Members of the exchange have been duly informed as per the governance requirements. The outcome of the board meeting could influence SG Allied Businesses Limited’s stock performance on the PSX, with investors keenly awaiting the financial results of the company.