Rawalpindi: Attock Refinery Limited has scheduled a board meeting for October 18, 2024, to review and approve the unaudited financial statements for the third quarter ending September 30, 2024. The meeting will take place at Rawalpindi.
The company has announced a "Closed Period" from October 11 to October 18, 2024, during which no director, CEO, executive, or employee connected to the Employees' Retirement Benefits Funds can trade shares of Attock Refinery Limited or National Refinery Limited. This measure is in compliance with clause 5.6.4 of the PSX Rule Book, ensuring that no insider trading occurs during this sensitive financial period.
According to information available from the Pakistan Stock Exchange (PSX), this protocol helps maintain market integrity by preventing any potential misuse of unpublished financial data. The closed period is a standard practice aimed at avoiding any conflicts of interest and maintaining transparency in the operations of listed companies.
The company has designated Mr. Muhammad Hashim Ali as the official contact for transmitting the board's decisions to the stock exchange. This role is critical in ensuring that all regulatory requirements are met and that the information released to the public and shareholders is timely and accurate.
This upcoming board meeting and the decisions regarding the financial statements are crucial for stakeholders to assess the company's financial health and operational success over the past quarter.