Board of Directors to Review Annual Financial Statements of Treet Battery Limited

Lahore: Treet Battery Limited has scheduled a Board of Directors meeting at its Registered Office in Lahore on September 27, 2024, to review and approve the audited financial statements for the fiscal year that concluded on June 30, 2024. This session aims to finalize the company's financial outcomes and directives for the upcoming fiscal period.

The company has instituted a "Closed Period" starting from September 20, 2024, until the day of the meeting, September 27, 2024, encompassing both dates. During this period, directors, the CEO, and other executives are prohibited from buying or selling company shares. This restriction is in compliance with Clause 5.6.4 of the Pakistan Stock Exchange Regulations, which aims to prevent insider trading around significant corporate disclosures.

According to information available from the Pakistan Stock Exchange (PSX), the enforcement of a closed period is a standard procedure designed to maintain market integrity and fairness, particularly during times when crucial financial information is being finalized and approved. This practice ensures that all market participants have equal access to important financial results when they are officially released, thereby upholding transparency and equity in trading practices.

Stakeholders, including TRE Certificate Holders, have been notified of these developments to ensure compliance and awareness of the trading restrictions currently in place.