Lahore: Haseeb Waqas Sugar Mills Limited has announced that its Board of Directors will convene a meeting on Wednesday, 29 January 2025, at 03:00 p.m. The meeting will be held at the company's registered office located at 6-F, Model Town, Lahore. The primary agenda of the meeting is to review and consider the First Quarterly Accounts for the period ending on 31 December 2024.
In compliance with regulatory requirements, the company has declared a "Closed Period" from 22 January 2025 to 29 January 2025, inclusive of both dates. During this period, no Director, CEO, or Executive of Haseeb Waqas Sugar Mills Ltd is permitted to engage in any trading activities involving the company's shares, either directly or indirectly. This measure aligns with Clause 5.6.4 of IX Regulations, ensuring the integrity and confidentiality of the financial review process.
According to information available from the Pakistan Stock Exchange (PSX), stakeholders and certificate holders have been duly informed about the scheduled board meeting and the closed period. This update is crucial for maintaining transparency and compliance within the market, categorized under the designated market category.
The anticipated review of the First Quarterly Accounts is a significant event for Haseeb Waqas Sugar Mills Ltd, as it reflects the company's financial performance and strategic direction for the fiscal year 2025. Stakeholders are keenly awaiting the outcome of the meeting and any potential impact on the company's market position.