Karachi: Dewan Automotive Engineering Limited has announced that its Board of Directors will convene for a meeting on April 28, 2025, in Karachi, Pakistan. The primary agenda of the meeting is to review and consider the company's Third Quarterly Financial Statements for the period ending March 31, 2025.
In compliance with regulatory requirements, the company has declared a "Closed Period" from April 21, 2025, to April 28, 2025. During this period, Clause 5.6.4 of the Rule Book of the Exchange mandates that no Director, CEO, or Executive may engage in any direct or indirect transactions involving the company's shares.
According to information available from the Pakistan Stock Exchange (PSX), stakeholders have been duly notified about the scheduled board meeting and the enforceable closed period. The company is preparing to disclose its financial performance for the third quarter, a significant period that will reflect its operational and financial strategies amidst the current market conditions.
Market participants in the designated market category are advised to take note of these developments as Dewan Automotive Engineering Limited prepares to disclose its financial results for the quarter.