Nishat Power Limited Announces Adjustments to Futures Contracts for March and April 2024

Karachi, Pakistan: Nishat Power Limited (NPL) has updated its futures contracts trading and settlement schedule for March and April 2024. The company, as reported by the Pakistan Stock Exchange, has set the closing date for its March contract (NPL-MAR) on February 28, 2024, with the settlement scheduled for March 1, 2024. The contract officially opens on January 1, 2024. Similarly, the April contract (NPL-APR) will also close on February 28, 2024, with the same settlement date, having opened on January 29, 2024. These revisions are indicative of NPL’s ongoing efforts to optimize its financial strategies in alignment with market conditions and regulatory frameworks.