Karachi: A meeting of the Board of Directors of Cherat Cement Company Limited is set to take place on June 20, 2025, at the company's head office. The agenda for the meeting includes the consideration of the budget for the fiscal year 2025/2026. This announcement holds significance in the designated market category of the Pakistan Stock Exchange (PSX), as the company's financial planning and strategic direction for the coming year will be discussed.
The company has instituted a Closed Period from June 13, 2025, to June 20, 2025, in compliance with Clause 5.6.4 of the Rule Book of the Exchange. During this period, no Director, Chief Executive Officer, or Executive is permitted to engage in any form of trading or dealing in the company's shares, either directly or indirectly. This measure is taken as a precautionary step to ensure that insider trading does not occur in the lead-up to the board meeting.
According to information available from the Pakistan Stock Exchange (PSX), this announcement has been communicated to the TRE Certificate Holders of the Exchange, ensuring transparency and adherence to regulatory requirements. The decision regarding the budget for 2025/2026 is anticipated to have implications for shareholders and investors, aligning with the company's strategic goals and market positioning.