Karachi: Pakistan Refinery Limited has announced that a meeting of its Board of Directors will be held on June 18, 2025, in Karachi to review the company's Annual Business Plan. The meeting is scheduled as part of the company's strategic planning process, which aims to outline the operational and financial strategies for the upcoming year.

The company has also declared a "Closed Period" from June 11, 2025, to June 18, 2025. During this period, in compliance with Clause 5.6.1.(d) of the Pakistan Stock Exchange (PSX) Regulations, no director, CEO, or executive of the company will be allowed to directly or indirectly trade in the company's shares. This measure is intended to prevent any potential conflict of interest or misuse of confidential information before the board meeting.

According to information available from the Pakistan Stock Exchange (PSX), the announcement of the closed period is a standard practice among publicly traded companies. It ensures transparency and fairness in trading activities, as it prevents insiders from taking advantage of non-public information.

The information regarding the closed period has been communicated to the TRE Certificate Holders of the Exchange, ensuring that all stakeholders are informed of the trading restrictions during this time. The company's compliance with PSX regulations reflects its commitment to maintaining transparency and adhering to corporate governance standards in the designated market category.