Karachi: Pakistan State Oil Company Limited (PSO) has announced that its Board of Management meeting is scheduled for Thursday, October 29, 2026, at 11:30 am. The meeting, set to occur in Karachi and conducted in a hybrid format, will focus on reviewing and approving the company's first quarterly financial statements for the period ending September 30, 2026. Additionally, the board will deliberate on the potential declaration of any entitlements during this session.
In compliance with the Pakistan Stock Exchange (PSX) Regulations, PSO has instituted a "Closed Period" starting from Thursday, October 22, 2026, through to Thursday, October 29, 2026. According to information available from the Pakistan Stock Exchange (PSX), this period restricts any Board Member, CEO, or Executive from engaging in direct or indirect transactions involving the company's shares.
The decision to enforce a "Closed Period" aligns with clause 5.6.4 of the PSX Regulations, ensuring transparency and fairness in trading activities surrounding the release of critical financial information. As the designated market category, this measure underscores the adherence to regulatory standards by PSO in preparation for the upcoming board meeting.