Lahore: Beco Steel Limited has scheduled a Board of Directors meeting in Lahore on October 29, 2024, to review and declare the quarterly financial results for the period ending September 30, 2024. The announcement was made in a notice issued to the Pakistan Stock Exchange.

The Board will discuss the company’s performance and any entitlements to be declared. Ahead of this meeting, a closed period from October 14 to October 29, 2024, has been declared, during which directors, the CEO, and executive staff are restricted from trading shares of the company. According to information available from the Pakistan Stock Exchange (PSX), this measure is in compliance with PSX regulations, specifically section 5.6.1(d), which seeks to prevent any insider trading during times when sensitive financial data is being handled and decisions made.

Beco Steel has advised TRE Certificate Holders of these developments, ensuring that stakeholders are kept informed in accordance with regulatory requirements and corporate governance standards.