Wafi Energy Pakistan Limited Announces Board Meeting to Review Annual Accounts

Islamabad: Wafi Energy Pakistan Limited has announced that its Board of Directors will convene a meeting on Thursday, February 20, 2025, at 9:00 a.m. The meeting is scheduled to take place at Serena Hotel in Islamabad and will focus on reviewing the Annual Accounts for the period ending December 31, 2024. Additionally, the Board will consider any entitlements or other corporate actions that may be deemed necessary.

The company has declared a "Closed Period" starting from Tuesday, February 11, 2025, to Thursday, February 20, 2025. This period is in compliance with Clause 5.6.1(d) of the Pakistan Stock Exchange (PSX) Regulations. During this time, no Director, CEO, or Executive of Wafi Energy will be allowed to engage in any trading of the company's shares, whether directly or indirectly.

According to information available from the Pakistan Stock Exchange (PSX), the announcement was made to ensure transparency and compliance with regulatory requirements. All TRE Certificate Holders of the Exchange have been informed accordingly.

The meeting is significant as it will determine the financial health and operational performance of Wafi Energy Pakistan Limited for the fiscal year 2024. Stakeholders and market analysts are keenly awaiting the outcomes of this meeting, given its potential impact on the company’s stock performance in the designated market category.