Baba Farid Sugar Mills Limited to Hold Board Meeting for Financial Review

Lahore: The Board of Directors of Baba Farid Sugar Mills Limited is scheduled to convene on May 22, 2025, at the company's registered office in Lahore. The agenda for the meeting includes the review and consideration of the quarterly accounts for the second quarter, which concluded on March 31, 2025. The board will also deliberate on the potential declaration of any entitlements.

In compliance with Clause 5.6.1 (d) of the Pakistan Stock Exchange (PSX) Regulations, the company has instituted a "Closed Period" starting from May 15, 2025, through May 22, 2025. During this timeframe, directors, the CEO, and executives of the company are prohibited from engaging in any direct or indirect transactions involving the company's shares.

TRE Certificate Holders of the Exchange have been advised to take note of this closed period. According to information available from the Pakistan Stock Exchange (PSX), this regulatory measure is standard practice aimed at maintaining market integrity and preventing insider trading.

The designated market category for Baba Farid Sugar Mills Limited remains focused on the sugar production sector. The outcomes of the board meeting, including any financial declarations, will be closely monitored by stakeholders and investors.