Baluchistan Wheels Limited Schedules Board Meeting to Review Financial Statements

Karachi: Baluchistan Wheels Limited has announced that its Board of Directors will convene a meeting on Tuesday, February 04, 2025, at 11:00 am. The meeting will take place at the Company's Head Office and will focus on reviewing the Half Yearly/2nd Quarterly Financial Statements for the period that ended on December 31, 2024.

The Company has also declared a "Closed Period" effective from January 28, 2025, to February 04, 2025, inclusive of both days. This period is mandated under Clause 5.6.1 (d) of the Rule Book of the Pakistan Stock Exchange Limited. During this time, no Director, Chief Executive Officer, or Executive of the Company 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), these regulations are in place to ensure transparency and prevent any potential conflict of interest ahead of the financial review. The Company has urged the TRE Certificate Holders of the Pakistan Stock Exchange to take note of the announcement regarding the closed period.

The designated market category for this announcement comes under the financial governance of the Pakistan Stock Exchange, reflecting the Company's commitment to adhering to the stipulated regulatory requirements. Shareholders and investors are advised to remain informed about the developments and outcomes of the upcoming board meeting.