Karachi: Pakistan Oxygen Limited has announced that its Board of Directors will convene on February 27, 2025, to review and approve the Annual Accounts for the fiscal year ending December 31, 2024. The meeting is scheduled to take place at 2:30 p.m. at the company’s registered office located on West Wharf, Dockyard Road, Karachi.
In compliance with clause 5.6.4 of the Pakistan Stock Exchange (PSX) Regulations, Pakistan Oxygen Limited has declared a “Closed Period” from February 14 to February 27, 2025. During this time, the company’s Directors, CEO, and Executives are prohibited from directly or indirectly trading in the company’s shares. This measure is intended to prevent insider trading and ensure transparency in the handling of financial information.
The announcement further requests that the TRE Certificate Holders of the Exchange be informed about these developments. According to information available from the Pakistan Stock Exchange (PSX), such closed periods are standard practice to maintain market integrity and protect the interests of shareholders.
Pakistan Oxygen Limited, a key player in the designated market category, continues to uphold its commitment to regulatory compliance and corporate governance. The upcoming board meeting is expected to shed light on the company’s financial performance over the past year, with potential implications for future business strategies and shareholder value.