Karachi: Hascol Petroleum Limited has scheduled a meeting of its Board of Directors for June 23, 2025, in Karachi. The agenda includes the consideration and approval of the company's financial statements for the quarter ending March 31, 2025. The announcement follows the company's declaration of a "Closed Period" starting from June 16, 2025, extending until the financial results are released. During this time, directors, the chief executive officer, and other executives are restricted from engaging in any direct or indirect transactions involving the company's shares.

According to information available from the Pakistan Stock Exchange (PSX), Hascol Petroleum Limited's decision to impose a closed period aligns with standard practices to ensure transparency and prevent any potential conflicts of interest ahead of the financial disclosures. The restriction aims to maintain the integrity of the company's financial reporting process.

The company has communicated this closed period to the TRE Certificate Holders of the Exchange, ensuring all relevant parties are informed of the trading restrictions in place. Hascol Petroleum Limited operates within the designated market category of the Pakistan Stock Exchange. The upcoming board meeting and subsequent financial announcements are expected to provide insights into the company's performance for the first quarter of 2025.