Karachi: The Searle Company Limited has announced that its Board of Directors will convene a meeting on February 28, 2025, at 11:30 a.m. The meeting is scheduled to take place at the company’s office located on the 3rd Floor of the One IBL Centre, Shahrah-e-Faisal, Karachi, with provisions for video-conferencing to accommodate remote participation.

The primary agenda for this board meeting includes the consideration and approval of the condensed interim financial statements for the half-year period ending December 31, 2024. Additionally, the board may deliberate on the declaration of any entitlement for stakeholders.

In accordance with regulatory requirements, The Searle Company Limited has instituted a "Closed Period" commencing from February 22, 2025, and continuing through February 28, 2025. During this time frame, as mandated by clause 5.6.4 of the Rule Book of the Pakistan Stock Exchange (PSX), no Director, CEO, or Executive of the company is permitted to engage in the trading of company shares, either directly or indirectly.

According to information available from the Pakistan Stock Exchange (PSX), the notification of the closed period has been disseminated to inform the Trading Right Entitlement (TRE) holders of the Exchange. This measure ensures compliance with the established trading regulations and aims to maintain transparency and fairness in market activities.

The meeting’s outcomes, particularly regarding the financial statements and any potential declarations, will be closely monitored by investors and market participants, given their implications on the company’s market standing and shareholder value. The Searle Company Limited operates within the healthcare sector, a designated market category that holds significant interest in the financial community.