Pakistan Oilfields Limited Announces Board Meeting for Budget Approval

Rawalpindi: The Pakistan Oilfields Limited (POL) has scheduled a board meeting for June 26, 2025, in Rawalpindi to deliberate and potentially approve the budget for the fiscal year 2025-26. In line with regulatory requirements, the company has declared a "Closed Period" spanning from June 19, 2025, to June 26, 2025, during which its executives and directors are prohibited from engaging in any dealings, directly or indirectly, in the company's shares.

The announcement, according to information available from the Pakistan Stock Exchange (PSX), underscores compliance with clause 5.6.4 of the PSX Rule Book, mandating this trading restriction. This measure is designed to prevent any potential conflict of interest or misuse of insider information prior to the formal budget approval.

TRE Certificate Holders of the Exchange have been duly informed about this development, ensuring that all market participants are aware of the trading limitations in place during the specified period. The designated market category for this announcement remains consistent with regulatory transparency and corporate governance practices.