Karachi: Pakistan State Oil Company Limited (PSO) has announced that a meeting of its Board of Management is scheduled for April 29, 2025. The meeting, to be held in Karachi, will focus on considering and approving the condensed interim financial statements, both unconsolidated and consolidated, for the nine-month period ending March 31, 2025. The agenda also includes the potential declaration of any entitlement for shareholders.

The company has declared a “Closed Period” from April 22, 2025, to April 29, 2025, inclusive of both days. This period, mandated by clause 5.6.4 of the Rule Book of Pakistan Stock Exchange Limited, restricts any board member, CEO, or executive from directly or indirectly dealing in the company’s shares.

According to information available from the Pakistan Stock Exchange (PSX), the closed period is a standard practice to prevent insider trading and ensure transparency in the market. The restriction applies to all relevant personnel, ensuring that no transactions occur based on undisclosed financial information before the official release.

The market category for this announcement falls under the TRE Certificate Holders of the Exchange. PSO has requested the holders to be informed accordingly, maintaining compliance with the regulatory framework governing stock exchanges in Pakistan.