Sazgar Engineering Works Adjusts Trading Schedule Amid Book Closure Announcement

Karachi: The Pakistan Stock Exchange (PSX) has announced a revision in the trading and settlement schedule for the deliverable future contracts of Sazgar Engineering Works Limited, following the company’s declaration of a book closure date. This adjustment affects the DFC-NOV-26 and DFC-DEC-26 contracts, previously notified in September.

According to the new schedule, the trading and settlement for contracts on a cum-benefit basis will have the NOVB contract opened on September 14, 2026, a Monday, with a closing date set for October 30, 2026, a Friday. The settlement for this contract will occur on November 2, 2026, which falls on a Monday. Similarly, the DEC contract opened on September 28, 2026, also a Monday, and will close on the same date as NOVB, with settlement aligning on November 2, 2026.

For the trading and settlement schedule without the entitlement of benefits, the NOVC contract will open on October 28, 2026, a Wednesday, closing on November 27, 2026, a Friday, with settlement scheduled for November 30, 2026, a Monday. The DECB contract follows the same opening date but will close later on December 24, 2026, a Thursday, with settlement set for December 28, 2026, a Monday.

These changes come in response to the company's announcement and are intended to align with the new book closure date, impacting market participants engaged with Sazgar Engineering Works Limited. According to information available from the Pakistan Stock Exchange (PSX), these adjustments are necessary to ensure smooth trading operations amid the corporate developments. Market participants are advised to take note of these new dates for their trading activities.