Rawalpindi: National Refinery Limited (NRL) is scheduled to hold a board meeting on October 18, 2024, at Rawalpindi, to review the financial results for the third quarter ending September 30, 2024. The focus will be on the company's financial performance and any potential declarations of shareholder entitlements.

In a statement released to the Pakistan Stock Exchange (PSX), NRL announced that Mr. Mehmood Azam, Treasurer, will be responsible for communicating the outcomes of this meeting to the exchange. Mr. Azam can be reached at 35061544 or via email at [email protected].

According to information available from the Pakistan Stock Exchange (PSX), the company has also declared a "Closed Period" from October 10 to October 18, 2024, during which no director, CEO, or executive will be allowed to trade company shares. This precaution is in compliance with Clause 5.6.4 of the PSX’s Rule Book, aiming to prevent insider trading during critical financial disclosures.

This board meeting is significant as it may affect the investment decisions of TRE Certificate Holders and other stakeholders of the company. NRL has advised that TRE Certificate Holders of the exchange be duly informed about these developments to ensure transparency and compliance with regulatory requirements.