Karachi: Honda Atlas Cars (Pakistan) Ltd. has announced that its Board of Directors is set to convene a meeting on May 22, 2025, to approve the annual audited accounts for the fiscal year ending March 31, 2025. The meeting will take place in Karachi and will also be accessible via Microsoft Teams.

In compliance with the Pakistan Stock Exchange (PSX) regulations, the company has declared a "Closed Period" from May 16, 2025, to May 22, 2025. During this time frame, no director, CEO, or executive will be permitted to engage in any form of trading of the company's shares, whether directly or indirectly. This measure adheres to Clause 5.6.1(d) of the PSX Regulations, ensuring adherence to corporate governance standards.

According to information available from the Pakistan Stock Exchange (PSX), the closed period is a standard practice implemented to prevent insider trading and maintain fairness in the market. This period restricts any trading activities by company insiders who may have access to non-public information that could influence the company's stock price.

Market participants, including TRE Certificate Holders, have been duly informed of the closed period and the upcoming board meeting. The meeting is a key event in the automotive sector's calendar and is anticipated by investors and analysts who closely monitor the company's financial performance and strategic decisions.