Karachi: Baluchistan Wheels Limited has notified the Pakistan Stock Exchange (PSX) that it will hold a board meeting on October 10, 2024, to discuss its first quarterly financial results for the period ending September 30, 2024. The meeting is scheduled to take place at 11:00 am at the company's head office in Karachi.
According to the announcement, a “Closed Period” will be in effect from October 3 to October 10, during which no director, CEO, or executive of the company is permitted to trade shares. According to information available from the Pakistan Stock Exchange (PSX), the closed period is mandated under Clause 5.6.1 (d) of the Rule Book of the PSX, ensuring no insider trading occurs before the dissemination of financial results.
The company has requested the Pakistan Stock Exchange to inform all TRE Certificate Holders about the closed period and the upcoming board meeting. Baluchistan Wheels Limited specializes in the manufacturing of wheels and is headquartered in Karachi, with additional facilities in Hub Chowki, District Lasbela, Baluchistan.