Karachi: Lotte Chemical Pakistan Ltd. has announced an impending board meeting scheduled for October 29, 2025, to deliberate on the company's un-audited financial results for the quarter and nine-month period ending September 30, 2025. The meeting will be convened at the company's headquarters in Karachi at 11:00 a.m.
In compliance with regulatory requirements, the company has instituted a "Closed Period" starting from October 23, 2025, through October 29, 2025. During this period, no director, CEO, or executive of Lotte Chemical Pakistan Ltd. is permitted to engage in any transactions involving the company's shares, either directly or indirectly. This measure adheres to Clause 5.6.4 of the Rule Book of the Exchange, ensuring transparency and integrity in financial reporting.
According to information available from the Pakistan Stock Exchange (PSX), the declaration of a closed period is a standard procedure aimed at preventing insider trading and maintaining market confidence as the company prepares to release its financial performance details. This period is critical for stakeholders who closely monitor the company's financial disclosures.
The details of the officer responsible for transmitting the information through PUCARS to the Exchange have been duly noted by the company, ensuring seamless communication and compliance with the exchange's requirements.