Lahore: Altern Energy Limited has announced that its Board of Directors will convene a meeting on February 21, 2025, at 3:00 PM at Descon Headquarters, located at 18-Km Ferozepur Road, Lahore. The primary agenda of this meeting is to deliberate on the declaration of the interim dividend for the fiscal year 2025.
According to the information disclosed, the period from February 13, 2025, to February 21, 2025, has been designated as the Closed Period. During this time, no Director, CEO, or Executive of the Company is permitted to engage in any direct or indirect trading of the Company’s shares. This measure ensures compliance with regulatory standards and maintains market integrity.
The Company, listed under the designated market category of the Pakistan Stock Exchange (PSX), is taking these steps to ensure transparent and fair dealings in line with corporate governance practices. According to information available from the Pakistan Stock Exchange (PSX), Altern Energy Limited has consistently adhered to such protocols, reinforcing its commitment to maintaining shareholder trust.
This upcoming meeting is crucial as it will determine the interim dividend, which significantly impacts shareholder returns and reflects the Company’s financial health and strategic direction for the year. Stakeholders and investors eagerly await the outcome, which will be announced following the meeting.