Karachi: Crescent Steel and Allied Products Limited has announced that its 196th Board of Directors meeting is scheduled for Friday, January 31, 2025, at 10:00 a.m. The meeting will be held at the 12th Floor, Sidco Avenue Centre, 264 R.A. Lines Karachi, with an option for directors to participate via an online platform. The agenda for this significant gathering includes the consideration and approval of the un-audited condensed interim unconsolidated and consolidated financial statements for the half-year ending December 31, 2024.

The company has also declared a "Closed Period," adhering to clause 5.6.4 of the Pakistan Stock Exchange (PSX) Regulations as incorporated in the PSX Rule Book. This period will commence on January 25, 2025, and conclude on January 31, 2025. During this time, no Director, CEO, or Executive of Crescent Steel and Allied Products Limited is permitted to engage in any direct or indirect transactions involving the company's shares.

According to information available from the Pakistan Stock Exchange (PSX), such measures are instituted to ensure transparency and fairness in market operations. The designated market category for Crescent Steel and Allied Products Limited reflects its commitment to upholding these regulatory standards.

The company has advised the TRE Certificate Holders of the Exchange to take note of these developments. The Board's decisions and the outcome of the financial review will be closely watched by investors and stakeholders keen to evaluate the company's performance for the specified period.