Lahore: Nishat Power Limited has announced that its Board of Directors will convene a meeting on February 27, 2025, at 10:30 a.m. in Lahore to review the company's financial statements for the half year ended December 31, 2024. This meeting will be held at the company’s registered office located at 1-B, Aziz Avenue, Canal Bank, Gulberg V.
The company has declared a "Closed Period" effective from February 20, 2025, to February 27, 2025, until the financial results are disseminated to the Pakistan Stock Exchange Limited. This measure complies with the PSX Regulations, which restrict any Director, CEO, or Executive from dealing in the company’s shares directly or indirectly during this period.
According to information available from the Pakistan Stock Exchange (PSX), this closed period is standard practice in the market to ensure transparency and prevent insider trading before the financial results are made public. It is a regulatory requirement that all TRE Certificate Holders of the Exchange are informed accordingly.
Nishat Power Limited, operating within the energy sector, is preparing to disclose its financial performance for the half-year period, a crucial disclosure for stakeholders and market participants.