Friesland Company Engro Pakistan Limited Announces Closed Period Amidst Upcoming Board Meeting

Karachi: Friesland Company Engro Pakistan Limited has notified stakeholders of an impending board meeting scheduled for August 13, 2025, as the company prepares to review its second quarterly accounts for the period ending June 30, 2025. The meeting is set to take place at 3:00 p.m. at the company's head office, located on the 5th Floor of The Harbor Front Building, Marine Drive, Block-4, Clifton, Karachi.

In compliance with Clause 5.6.1(d) of the Pakistan Stock Exchange (PSX) regulations, Friesland Company Engro Pakistan Limited has declared a "Closed Period" beginning Thursday, August 7, 2025, and culminating on Wednesday, August 13, 2025. During this timeframe, no Director, CEO, or Executive of the company is permitted to engage in direct or indirect transactions involving company shares.

According to information available from the Pakistan Stock Exchange (PSX), such measures are routine for companies in the designated market category when impending financial disclosures could potentially influence stock prices. The closed period aims to ensure transparency and prevent insider trading ahead of significant financial announcements.

The board meeting is expected to focus on the review and approval of the financial statements for the second quarter, providing insights into the company's performance and future outlook. The decisions and discussions during the meeting could have implications for the shareholders and the market.