Karachi: Al-Abbas Sugar Mills Limited has announced a forthcoming meeting of its Board of Directors, scheduled for Thursday, October 29, 2026. The meeting, which will commence at 11:30 AM, is set to take place in Karachi with an option for online participation. The primary agenda is to deliberate on the company's Revenue and Capital Budget.

As per the company's notification dated October 22, 2026, a "Closed Period" has been declared from October 23, 2026, to October 29, 2026. This measure is in compliance with Clause 5.6.4 of the Pakistan Stock Exchange (PSX) Regulations, which stipulates that during this period, no Director, CEO, or Executive of the company may engage in trading the company's shares, either directly or indirectly.

According to information available from the Pakistan Stock Exchange (PSX), such closed periods are standard practice to prevent any undue advantage from insider information during critical decision-making phases.

Al-Abbas Sugar Mills Limited operates within the designated market category of the sugar industry, and this upcoming board meeting is a routine yet significant event as it will shape the fiscal strategies of the company moving forward.