Mari Energies Limited Schedules Emergent Board Meeting Amid Closed Period

Karachi: Mari Energies Limited has announced an emergent meeting of its Board of Directors, slated for March 21, 2025, at 12:00 p.m. The meeting will be conducted at the company's registered office and will focus on matters excluding financial results.

The company has declared a 'Closed Period' from March 19 to March 21, 2025, in compliance with the regulations set forth by the Pakistan Stock Exchange (PSX). During this period, Mari Energies Limited has prohibited any directors, the Chief Executive Officer, or other executives from engaging in any transactions involving the company's shares. This restriction is applicable both directly and indirectly.

According to information available from the Pakistan Stock Exchange (PSX), Mari Energies Limited has communicated the details of the 'Closed Period' to the Trading Rights Entitlement (TRE) Certificate Holders of the Exchange. The purpose of this notification is to ensure transparency and adherence to regulatory requirements within the designated market category.

The emergent board meeting aims to address strategic and operational discussions outside the scope of financial reporting, reflecting the company's commitment to maintaining compliance and open communication with its stakeholders.