Karachi: Pakistan Cables Limited has scheduled a meeting of its Board of Directors on June 17, 2025, in Karachi. The primary agenda for this meeting is to review and approve the budget for the fiscal year 2025-2026. The announcement was made as part of the company's communications to the market, indicating a structured approach towards planning for the upcoming financial year.

The company's management has also declared a closed period for transactions of shares by the Directors, the Chief Executive Officer, and the Executives. This closed period will be in effect from June 10, 2025, to June 17, 2025. This measure is in place to prevent any potential conflicts of interest or insider trading activities during the period when the budget is under review.

According to information available from the Pakistan Stock Exchange (PSX), Pakistan Cables Limited is taking these steps in accordance with corporate governance practices. The designated market category for Pakistan Cables Limited is industrial goods, focusing on the production and supply of electrical cables and wires.

The outcome of this meeting and the approved budget will be of significant interest to stakeholders and investors, as it will set the financial direction for the company in the forthcoming fiscal year.