Kot Addu Power Company Limited Schedules Key Board Meeting to Review Quarterly Accounts

Islamabad: Kot Addu Power Company Limited has announced a forthcoming meeting of its Board of Directors, which is set to take place on February 25, 2025, at 10:00 AM in Islamabad. The primary agenda for this meeting is to review the Quarterly Accounts for the period ending December 31, 2024, and to consider any potential entitlements for shareholders.

The company, in compliance with the Pakistan Stock Exchange (PSX) regulations, has declared a Closed Period from February 14 to February 25, 2025. During this time frame, as stipulated by section 5.6.1(d) of the PSX Regulations, no Director, CEO, or Executive of Kot Addu Power Company Limited is allowed to engage in any transactions involving the company's shares, whether directly or indirectly.

This measure is in place to ensure transparency and fairness in the handling of sensitive financial information. According to information available from the Pakistan Stock Exchange (PSX), such Closed Periods are standard practice to prevent the misuse of insider information.

The notification has been disseminated to inform the TRE Certificate Holders of the Exchange, ensuring they are aware of the impending review and the restrictions in place. This development is a significant point of interest within the designated market category, as investors and stakeholders eagerly anticipate the outcomes of the board meeting and any announcements regarding shareholder entitlements.