Karachi: Al-Abbas Sugar Mills Limited has announced an emergent board meeting to be held on February 21, 2025, at 10:30 AM at its Karachi office. The meeting is set to address matters other than financial results, with any material developments to be communicated to the Pakistan Stock Exchange (PSX) in compliance with the exchange's regulations.

The company has declared a "Closed Period" for its securities trading from February 20, 2025, to February 21, 2025. During this time, no director, CEO, or executive is permitted to engage in any form of trading of the company's shares, either directly or indirectly. This measure aligns with Clause 5.6.1(d) of the PSX Regulations, which mandates such restrictions during sensitive periods surrounding significant corporate events.

According to information available from the Pakistan Stock Exchange (PSX), Al-Abbas Sugar Mills Limited is required to inform the TRE Certificate Holders of the Exchange about these developments. The company's adherence to PSX regulations ensures transparency and fair trading practices in the designated market category. The outcome of the meeting, should it contain material information, will be promptly disclosed as per the regulatory requirements.