Karachi: TRG Pakistan Limited has officially announced a temporary closure of its share transfer books, impacting shareholders and market stakeholders. This closure is set to take place from February 22, 2025, to February 28, 2025, inclusive of both dates, as per the company's recent notification.

The announcement was made by Zceshan Ul Hay, the Company's Secretary, who has provided pertinent details to several key regulatory and market entities. The notice has been disseminated to the Executive Director of the Public Offering and Regulated Persons Department within the Securities and Exchange Commission of Pakistan (SECP), the Chief Executive Officers of AKD Securities Limited, and TIIK Associates (Pvt.) Limited, along with the Head of Operations at the Central Depository Company of Pakistan Limited.

This book closure is being conducted in accordance with Regulation 9 of the Listed Companies, ensuring compliance with the relevant regulatory framework. The closure will temporarily halt the transfer of shares, providing the company with a period to finalize any pending administrative processes related to its shareholder records.

According to information available from the Pakistan Stock Exchange (PSX), TRG Pakistan Limited has taken this step as part of its regular operational procedures, which are crucial for maintaining transparency and order in the handling of shares and shareholder data. This move is also indicative of the company's commitment to adhering to the market's regulatory standards and practices.

Shareholders and potential investors are advised to take note of these dates to plan their transactions accordingly. The designated market category for this notice falls under corporate actions, reflecting the procedural and regulatory nature of the announcement. This temporary closure is a routine practice in the lifecycle of publicly traded companies to ensure accurate record-keeping and compliance with stock exchange mandates.