Karachi: Atlas Battery Limited has announced that its Board of Directors will convene on June 23, 2025, in Karachi and/or via video or audio link, to deliberate on the Annual Budget for the fiscal year 2025-26. The company has initiated a "Closed Period" starting from June 16, 2025, to June 23, 2025, inclusive of both days, as mandated under Clause 5.6.4 of the Rule Book of the Exchange. During this period, Directors, the Chief Executive Officer, and Executives are prohibited from dealing in the company's shares, either directly or indirectly.

This announcement is particularly relevant to TRE Certificate Holders of the Exchange, who have been informed accordingly of the scheduled meeting and the restrictions in place. The focus of this meeting will be on planning and approval of the company's financial strategies for the upcoming fiscal year.

According to information available from the Pakistan Stock Exchange (PSX), such meetings are crucial for stakeholders in understanding the company's financial direction and adherence to regulatory requirements. Atlas Battery Limited is listed under the designated market category, which includes companies that are subject to specific listing and trading regulations.

The decision to implement a Closed Period is a standard practice aimed at ensuring transparency and preventing insider trading. This measure underscores the company's commitment to maintaining market integrity and compliance with regulatory standards.