Baluchistan Wheels Limited Schedules Board Meeting Amid Closed Period

Karachi: Baluchistan Wheels Limited has announced that a meeting of its Board of Directors is scheduled for Thursday, April 10, 2025, at 11:00 a.m. at the company's head office in Karachi. The board will review the financial statements for the quarter and nine months ending on March 31, 2025.

The company has also declared a "Closed Period" from April 3, 2025, to April 10, 2025, inclusive of both days. This comes in adherence to Clause 5.6.1 (d) of the Rule Book of the Pakistan Stock Exchange. During this period, no director, CEO, or executive of Baluchistan Wheels Limited is allowed to engage in any transactions involving the company’s shares, either directly or indirectly.

The announcement serves as a formal notification to the TRE Certificate Holders of the Pakistan Stock Exchange. According to information available from the Pakistan Stock Exchange (PSX), the closed period is a standard practice aimed at preventing insider trading before the release of financial results.

Baluchistan Wheels Limited operates within the designated market category of the Pakistan Stock Exchange. The upcoming board meeting will focus on evaluating the company's financial performance, a critical aspect for stakeholders and investors, especially during the closed period.