Islamabad: Saif Power Limited has scheduled a board meeting for August 27, 2024, to deliberate on the quarterly accounts for the period ending June 30, 2024, with the potential declaration of entitlements on the agenda.

According to information available from the Pakistan Stock Exchange (PSX), this session is particularly significant as it falls within a designated "Closed Period" spanning from August 20 to August 27, 2024. During this time, company regulations, as per clause 5.6.1(d) of the PSX Regulations, prohibit all directors, the CEO, and executives from dealing in the company’s shares.

The announcement of the closed period is a standard compliance measure to prevent insider trading and to maintain market integrity while the board reviews the financial performance of the company. TRE Certificate Holders of the exchange have been informed about the meeting and the associated trading restrictions to ensure transparency.