Honda Atlas Cars Announces Meeting to Approve Annual Budget Amidst Close Period Declaration

Karachi: Honda Atlas Cars (Pakistan) Ltd has announced that a Board of Directors’ meeting is scheduled for March 17, 2026, at 10:00 a.m. The meeting will take place at the company’s Corporate Office, located on the 2nd Floor of Federation House, Shahrah-e-Firdausi, Clifton, Karachi, with an option for remote attendance via Microsoft Teams. The primary agenda for the meeting includes the consideration and approval of the Annual Budget for the fiscal year 2026-27.

In alignment with regulatory requirements, the company has declared a “close period” from March 11, 2026, to March 17, 2026, inclusive. During this timeframe, no Director, CEO, or Executive of Honda Atlas Cars will be permitted, directly or indirectly, to engage in any transactions involving the company’s shares. This measure is in accordance with section 5.6.1(d) of the Pakistan Stock Exchange (PSX) Regulations.

According to information available from the Pakistan Stock Exchange (PSX), stakeholders and members of the Exchange have been duly informed about these developments, ensuring transparency and compliance with regulatory standards. The designated market category for this announcement is the automobile sector, reflecting the company’s operational focus.