Karachi: A meeting of the Board of Directors is scheduled for Monday, August 18, 2025, at 5:30 P.M. to deliberate on a matter not related to financial outcomes. The closed period for trading, which prevents key company personnel from dealing in the company's shares, will commence on Tuesday, August 12, 2025, and will remain in effect until any subsequent announcement is made, inclusive of both start and end dates. This closed period is a standard regulatory measure to prevent insider trading during times of potentially market-sensitive developments.

The company's regulations mandate that during this closed period, the directors, chief executive officer, chief operating officer, chief financial officer, head of internal audit, company secretary, and other executives cannot engage in any direct or indirect trading of the company’s shares. This practice ensures the integrity of market activities and curtails any unfair advantage that may arise from access to non-public information.

According to information available from the Pakistan Stock Exchange (PSX), any announcement resulting from the meeting, if required, will be made on the next working day after the convening of the Board due to the scheduled time of the meeting, which falls after the closure of the Pakistan Unified Corporate Action Reporting System (PUCARS). This procedural adherence ensures that all stakeholders receive timely and equitable information regarding the company's strategic decisions.