Karachi: Crescent Steel and Allied Products Limited has announced that the 197th meeting of its Board of Directors is scheduled to take place on April 29, 2025. The meeting will be held in Karachi and will also be accessible through an online platform. The primary agenda will be to consider and approve the un-audited condensed interim unconsolidated and consolidated financial statements of the company for the nine-month period ending March 31, 2025.
The company has also declared a "Closed Period" in accordance with clause 5.6.4 of the Pakistan Stock Exchange (PSX) Regulations, as stated in the PSX Rule Book. This period will extend from April 22, 2025, to April 29, 2025, both dates inclusive. During this time, no Director, CEO, or Executive of Crescent Steel and Allied Products Limited is permitted to deal in the company's shares, either directly or indirectly.
According to information available from the Pakistan Stock Exchange (PSX), Crescent Steel and Allied Products Limited is categorized under the designated market category. The company has informed the TRE Certificate Holders of the Exchange about the scheduled board meeting and the implementation of the Closed Period.
This announcement comes as Crescent Steel and Allied Products Limited prepares to present its financial outcomes for the past nine months, a period that could provide insights into the company’s performance and strategic direction.