Karachi: Hascol Petroleum Limited has announced that its Board of Directors will convene on May 15, 2025, to deliberate and potentially approve the company's financial statements for the fiscal year ending December 31, 2024. This meeting is set to take place in Karachi and is a pivotal event for the company's stakeholders.

In conjunction with this announcement, Hascol Petroleum Limited has also declared a "Closed Period" commencing on May 8, 2025. This period will extend until the official release of the financial results. During this time, the company's directors, chief executive officer, and other executives will be prohibited from engaging in any direct or indirect transactions involving the company's shares.

According to information available from the Pakistan Stock Exchange (PSX), the company has communicated these developments to the TRE Certificate Holders of the Exchange. The designated market category for this information pertains specifically to Hascol Petroleum Limited and its forthcoming financial disclosures.

Stakeholders and market participants are advised to note these dates and comply with the restrictions imposed during the closed period. The outcomes of the upcoming board meeting are anticipated to provide crucial insights into the company's financial health and operational strategies for the previous fiscal year.