Lahore: Saadgar Engineering Works Limited has announced a change in the schedule for its Board of Directors meeting initially set for April 19, 2025. The meeting, which will take place in Lahore, is intended to review the company's quarterly accounts for the period ending March 31, 2025.

The company communicated that the meeting date remains April 19, 2025, despite the rescheduling. This session is pivotal for considering any potential entitlements related to the quarterly financial results.

In compliance with Clause 5.6.1(d) of the Pakistan Stock Exchange (PSX) regulations, Saadgar Engineering has declared a "Closed Period" from April 11 to April 19, 2025. During this time, it is prohibited for any Director, CEO, or Executive to engage in any form of transaction involving the company's shares, whether directly or indirectly.

According to information available from the Pakistan Stock Exchange (PSX), the company has also informed the TRE Certificate Holders of the Exchange regarding these developments. This procedural adherence ensures transparency and regulatory compliance as the company approaches the financial review.

The rescheduling and declaration of a closed period are standard practices within the market category to ensure fairness and maintain investor confidence during the evaluation of financial statements.