Sitara Chemical Industries Limited Announces Board Meeting Amid Closed Period

Faisalabad: Sitara Chemical Industries Limited has announced that its Board of Directors will convene on April 29, 2025, in Faisalabad. The meeting is scheduled to review and consider the company's quarterly accounts for the period ending March 31, 2025, and to discuss the declaration of any entitlements.

The company has implemented a closed period from April 23 to April 29, 2025, as per the Pakistan Stock Exchange (PSX) Regulations 5.6.1(d). During this timeframe, no director, CEO, or executive of the company is permitted to engage in any transactions involving the company's shares, either directly or indirectly.

According to information available from the Pakistan Stock Exchange (PSX), this measure ensures compliance with the regulatory framework governing trading activities. The closed period is a standard practice intended to prevent insider trading and maintain market integrity.

The announcement has been communicated to the TRE Certificate Holders of the Exchange, emphasizing adherence to the designated market category requirements. This step underscores Sitara Chemical Industries' commitment to regulatory compliance and transparency in its financial operations.