Karachi: Shahtaj Sugar Mills Limited has announced a closed period for trading that will be in effect from January 21, 2025, to January 28, 2025. This announcement is in compliance with Clause 5.6.1(d) of the Pakistan Stock Exchange (PSX) Regulations, which mandates a designated period during which trading on the shares of the company is restricted for certain individuals.

During the closed period, no Director, CEO, or Executive of Shahtaj Sugar Mills Limited will be permitted to directly or indirectly engage in any transactions involving the company's shares. This measure is intended to prevent insider trading and ensure fairness in the market. According to information available from the Pakistan Stock Exchange (PSX), these regulations are a standard practice to uphold transparency and integrity in trading activities.

The company has requested that the certificate holders of the exchange be informed about this closed period, emphasizing the importance of compliance with PSX regulations. The designated market category for Shahtaj Sugar Mills Limited is the sugar industry, which is a significant sector within the stock exchange, contributing to the agricultural and industrial landscape of the country.

This closure is a routine procedure intended to protect the interests of all stakeholders by ensuring that no unfair advantage is taken by those with potential access to non-public information. Investors and shareholders are encouraged to take note of these dates and plan their trading activities accordingly.