Karachi: Faran Sugar Mills Ltd. has announced that its Board of Directors will convene on July 30, 2025, in Karachi to review the condensed interim financial statements for the period ending June 30, 2025. The meeting is set against the backdrop of a close period declared by the company, which began on July 23 and will extend through July 30, 2025. This close period is in compliance with clause 5.6.1 (d) of the Rule Book of the Exchange.

During this time, no director, CEO, or executive of the company is permitted to engage in any transactions involving the company's shares, whether directly or indirectly. This restriction is a standard practice aimed at preventing any potential conflicts of interest or insider trading before the financial results are disclosed.

According to information available from the Pakistan Stock Exchange (PSX), stakeholders and members have been duly informed about the upcoming meeting and the associated trading restrictions. The designated market category for Faran Sugar Mills Ltd. remains unchanged.

This announcement comes as part of the company's regulatory obligations and ensures transparency and adherence to stock exchange rules. Shareholders and market participants will be looking forward to the outcomes of the board meeting and any significant decisions or disclosures that may follow.