Karachi: The Board of Directors of Security Papers Limited met on May 30, 2025, to deliberate on the budget for the fiscal year 2025-2026. During the meeting, the board reviewed the proposed budget but decided to request additional information before proceeding with its approval, thereby extending the budget approval process.

The decision to seek further details indicates a meticulous approach by the board, aiming to ensure all relevant aspects are considered prior to finalizing the budget. This ongoing budget review process does not include any material or price-sensitive information, as confirmed by the company.

According to information available from the Pakistan Stock Exchange (PSX), Security Papers Limited operates within the designated market category of paper products, focusing on the secure production of specialized papers.

The company has communicated the current status of the budget deliberation to the TRE Certificate Holders of the Exchange, assuring them of the continued efforts to finalize the budget in due course.