Lahore: Dost Steels Limited has announced that its Board of Directors will convene on June 23, 2025, in Lahore to deliberate on matters not related to the company's financials. In accordance with the regulations of the Pakistan Stock Exchange (PSX), the company has instituted a "Closed Period" from June 17, 2025, to June 23, 2025, inclusively. This measure prohibits any Director, CEO, or Executive from engaging in any form of share dealings, whether directly or indirectly, during this time frame.

The announcement stipulates compliance with Clause 5.6.1 (d) of the PSX regulations, which mandates the implementation of a closed period ahead of board meetings where significant company matters are discussed. This procedural step aims to ensure transparency and fairness, preventing insider trading or any undue advantage that could arise from non-public information.

According to information available from the Pakistan Stock Exchange (PSX), it is obligatory for the company to notify the TRE Certificate Holders of the Exchange regarding the scheduled meeting and the corresponding closed period. This notification serves as a formal communication to stakeholders and reinforces adherence to regulatory standards.

Dost Steels Limited, classified under the designated market category, maintains its commitment to regulatory compliance and governance by enforcing the closed period, which aligns with the broader framework of industry norms. This action underscores the company's focus on maintaining the integrity of its operations and safeguarding the interests of investors and stakeholders alike.