Sakrand Sugar Mills Limited Announces Board Meeting and Closed Trading Period

Karachi: Sakrand Sugar Mills Limited has notified stakeholders about an upcoming board meeting set for November 1, 2024, at Karachi. The meeting will focus on agendas other than financial results, as indicated in a recent communication to the Pakistan Stock Exchange Limited.

According to the announcement posted on October 24, 2024, the company has entered a "Closed Period" from October 20, 2024, to November 1, 2024. During this time, directors, CEOs, or executives are prohibited from directly or indirectly dealing in the shares of the company. This measure complies with Clause 5.6.1(d) of the Pakistan Stock Exchange Regulations aimed at preventing insider trading.

According to information available from the Pakistan Stock Exchange (PSX), the specifics of the non-financial agenda items to be discussed during the board meeting remain undisclosed. The company has requested that TRE Certificate Holders of the exchange be informed accordingly.

Sakrand Sugar Mills Limited, headquartered in Karachi, Pakistan, operates within the designated market category of consumer goods and has a noted presence on the PSX. Stakeholders are advised to take note of these dates and regulatory compliance measures.