Pakistan Petroleum Limited Announces Board Meeting to Review Quarterly Financial Statements

Karachi: Pakistan Petroleum Limited (PPL) is set to hold a meeting of its Board of Directors on October 29, 2024, to discuss the unconsolidated and consolidated financial statements for the quarter ending September 30, 2024.

According to information available from the Pakistan Stock Exchange (PSX), a closed period will commence on October 22, 2024, and will continue until the announcement of the financial results, covering all activities within this interval. During the closed period, the company’s directors, chief executive officer, chief operating officer, chief financial officer, head of internal audit, company secretary, and other executives as defined by the Board's annual threshold, are prohibited from dealing in the company’s shares, either directly or indirectly.

The decision to review the financial statements in the upcoming board meeting underscores PPL's commitment to transparency and regulatory compliance, reflecting standard corporate governance practices.