Karachi: Habib Sugar Mills Limited announced that its Board of Directors will convene on December 11, 2024, in Karachi to consider and approve the audited financial statements for the fiscal year that concluded on September 30, 2024.

The company also notified stakeholders of a closed period, in compliance with Regulation No. 5.6.4 of the Pakistan Stock Exchange Regulations. This closed period will be in effect from December 4, 2024, to December 11, 2024, during which trading of the company's shares will be restricted.

According to information available from the Pakistan Stock Exchange (PSX), the closed period is a standard procedure to ensure fairness and transparency in trading, preventing insider trading before the official announcement of the financial results.

The company has advised members of the Exchange to be informed of these developments.