Lahore: Nishat Chunian Limited has announced that it will hold a meeting of its Board of Directors on April 28, 2025, at its registered office in Lahore. The meeting aims to consider and approve the unaudited third quarterly financial statements, both standalone and consolidated, for the quarter ended March 31, 2025. Additionally, the board will deliberate on any potential declaration of entitlement.
The company has instituted a closed period from April 21 to April 28, 2025. This measure, in compliance with Clause 5.5.1(d) of the Pakistan Stock Exchange (PSX) regulations, prohibits directors, the CEO, and executives from dealing in the company's shares, either directly or indirectly, during this time frame.
According to information available from the Pakistan Stock Exchange (PSX), stakeholders, including TRE Certificate Holders, have been informed of the closed period, ensuring adherence to regulatory requirements.
Nishat Chunian Limited is categorized under the designated market category, which influences its operational and trading activities on the stock exchange. The meeting's outcome, particularly regarding financial approvals and entitlements, remains of significant interest to the company's investors and the broader financial market.