Lahore: Mughal Iron & Steel Industries Limited has announced that its Board of Directors will convene a meeting on April 29, 2025, in Lahore. The agenda for the meeting includes reviewing the condensed interim financial statements for the nine months ending on March 31, 2025. The board will also consider the declaration of any entitlements.
In compliance with the regulatory requirements stipulated under Clause 5.6.4 of the Rule Book of Pakistan Stock Exchange Limited (PSX), the company has declared a "CLOSED PERIOD" starting from April 22, 2025, and continuing until the completion of the board meeting on April 29, 2025. During this period, no dealings in the company’s shares by Directors, the CEO, or Executives are permitted.
According to information available from the Pakistan Stock Exchange (PSX), the closed period is a standard practice intended to prevent insider trading and ensure transparency and fairness in the market. The company has communicated the details of this closed period to the TRE Certificate Holders of the exchange to ensure compliance.
The designated market category for this announcement falls under the financial disclosure obligations required for publicly listed companies, ensuring stakeholders are informed of significant corporate developments.