Kohat Cement Schedules Board Meeting to Review Financial Statements

Lahore: Kohat Cement Company Limited has announced that its Board of Directors will convene on Thursday, February 20, 2025, at 11:00 A.M. at the company’s head office located at 37-P, Gulberg II, Lahore. The primary agenda of this meeting is to consider the un-audited interim financial statements for the second quarter ended December 31, 2024. The board will also discuss the declaration of any entitlement based on these financial outcomes.

This meeting is of significant interest to market participants, particularly those involved in the designated market category, as it may influence stockholder decisions and market behavior. The announcement of financial results is a critical event that could impact share prices and investor sentiment regarding Kohat Cement.

In compliance with Clause 5.6.4 of the Pakistan Stock Exchange (PSX) Regulations, the company has declared a "Closed Period" starting from February 13, 2025, until the announcement of the financial results on February 20, 2025. During this closed period, no Director, CEO, or Executive of Kohat Cement is permitted to deal in the company's shares, either directly or indirectly. This measure is intended to prevent insider trading and ensure transparency and fairness in the market.

According to information available from the Pakistan Stock Exchange (PSX), such measures are standard practice and are crucial for maintaining market integrity. The closed period helps in safeguarding the interests of all stakeholders and ensures that trading is conducted on a level playing field.

The company's decision to inform TRE Certificate Holders of the Exchange about these developments underscores its commitment to regulatory compliance and open communication with the market. The outcomes of the board meeting and the subsequent financial disclosures are anticipated to provide insights into the company's performance and strategic direction for the coming quarters.