Lahore: Sazgar Engineering Works Limited has announced a forthcoming meeting of its Board of Directors, scheduled to take place on February 24, 2025, at 12:30 PM in Lahore. This meeting aims to discuss and consider the Quarterly Accounts for the period ending December 31, 2024, and to declare any potential entitlements.

The company has also announced a Closed Period commencing from February 14, 2025, and extending until the date of the board meeting on February 24, 2025. During this period, as per Section 5.6.1(d) of the Pakistan Stock Exchange (PSX) Regulations, no Director, CEO, or Executive of Sazgar Engineering Works Limited is permitted to engage directly or indirectly in any dealings concerning the company’s shares.

This measure is taken to ensure transparency and compliance with regulatory standards, safeguarding the interests of shareholders and stakeholders alike. The directive mandates that no trading activity involving the company’s shares can be conducted by the aforementioned individuals to prevent any potential conflicts of interest or misuse of insider information.

According to information available from the Pakistan Stock Exchange (PSX), Sazgar Engineering Works Limited is actively working to maintain market integrity and uphold its commitment to corporate governance during the review of its financial performance for the specified period.

The market participants and TRE Certificate Holders of the Exchange have been duly informed about this regulatory compliance to ensure that the information is disseminated effectively and to encourage responsible trading practices within the designated market category.