Karachi: S.G. Power Limited has scheduled a Board of Directors meeting for October 07, 2024, to be held at the company’s registered office in Karachi and via videoconferencing. The primary agenda for this gathering is to consider and approve the audited financial statement for the fiscal year that concluded on June 30, 2024. According to information available from the Pakistan Stock Exchange (PSX), the company has also announced a "Close Period" starting from September 30, 2024, to October 07, 2024, during which directors, the CEO, and executives are prohibited from dealing in the company’s shares. This is in compliance with Clause 5.6.4 of the Rule Book of the Exchange.

The enforcement of the Close Period is a standard practice intended to prevent insider trading around the release of significant financial information. This period precedes the official approval and publication of the company's yearly financial results, ensuring that all stakeholders have equal access to financial disclosures at the same time. Members of the Exchange have been notified of these developments.