Rawalpindi: Attock Refinery Limited (ARL) has announced that a meeting of its Board of Directors will take place on January 27, 2025, in Rawalpindi. The primary agenda of this meeting is to consider and approve the financial statements for the six-month period that concluded on December 31, 2024. The meeting will be a pivotal moment for stakeholders as it will provide transparency into the company's financial health and future prospects.

To comply with regulatory requirements, ARL has declared a "Closed Period" from January 18, 2025, to January 27, 2025, inclusive of both dates. This step adheres to clause 5.6.4 of the Pakistan Stock Exchange (PSX) Rule Book. During this period, no Director, CEO, Executive, or Employees' Retirement Benefits Funds associated with the company are permitted to engage in any direct or indirect transactions involving the shares of Attock Refinery Limited, Attock Petroleum Limited, and National Refinery Limited.

According to information available from the Pakistan Stock Exchange (PSX), such closed periods are instituted to prevent any insider trading or unfair advantage being taken by individuals with access to critical company information. This measure ensures a fair trading environment and maintains investor confidence in the equity markets.

The company has designated Mr. Muhammad Hashim Ali to transmit the outcomes of the Board of Directors meeting to the Exchange. Mr. Hashim Ali can be contacted via his cell phone at 0331-9365519 or through his email address, [email protected]. Stakeholders and TRE Certificate holders of the Exchange are advised to stay informed through these official channels for any updates following the board meeting.

This upcoming board meeting and closed period are significant for ARL as they prepare to reveal the financial results that will provide insights into the company’s performance and strategy moving forward in the energy sector, a vital component of Pakistan's industrial landscape.