Lahore: Baba Farid Sugar Mills Limited has scheduled a pivotal meeting of its Board of Directors to take place on January 24, 2025, in Lahore. The meeting's primary agenda is to evaluate the Quarterly Accounts for the first quarter ending December 31, 2024, and to deliberate on the declaration of any entitlements.

The company has officially announced a "Closed Period" from January 17, 2025, to January 24, 2025, inclusive of both dates. During this closed period, as mandated by Clause 5.6.1 (d) of the Pakistan Stock Exchange (PSX) Regulations, no Director, Chief Executive Officer, or Executive of Baba Farid Sugar Mills Limited is allowed to directly or indirectly engage in the trading of the company's shares.

According to information available from the Pakistan Stock Exchange (PSX), such closed periods are designed to prevent any insider trading and ensure transparency and fairness in the market. This announcement is crucial for maintaining the integrity of market operations and protecting the interests of all stakeholders.

The management has duly informed the TRE Certificate Holders of the Exchange about this closed period and the upcoming board meeting. This notification underscores the company's commitment to adhering to regulatory requirements and fostering transparent communication with market participants in the designated market category.