Rawalpindi: National Refinery Limited has announced that its Board of Directors will convene on June 27, 2025, in Rawalpindi. The meeting is set to review and approve the company's Revenue Forecast and Capital Budget for the fiscal year 2025-26.
According to the company's statement, a "Closed Period" will be enforced from June 20, 2025, to June 27, 2025, inclusive of both dates. This period is mandated under Clause 5.6.4 of the Pakistan Stock Exchange (PSX) Rule Book. During this time, no Director, CEO, or Executive is allowed to engage in any transactions involving the company's shares, whether directly or indirectly.
According to information available from the Pakistan Stock Exchange (PSX), the announcement has been communicated to the TRE Certificate Holders of the Exchange. This communication ensures compliance with regulatory guidelines during the closed period, safeguarding the integrity of the company's financial operations.
The company's decision to hold a board meeting for such crucial financial planning underscores its commitment to maintaining structured financial governance. The anticipation surrounding the outcomes of this meeting reflects the importance of strategic financial forecasting for stakeholders and investors in the designated market category.