Karachi: SG Power Limited has announced the convening of an emergent meeting of its Board of Directors on April 2, 2026, to address the appointment of a new Chief Executive Officer (CEO). The meeting is scheduled to take place at 11:00 a.m. at the company’s premises located at B-40, S.I.T.E., Karachi.

The decision to hold the meeting comes as the company seeks to fill the CEO position and potentially address other business matters with the permission of the Chair. The announcement was made through an official notice dated April 1, 2026, which highlighted the importance of the meeting for the company’s leadership dynamics.

In compliance with Clause 5.6.1(d) of the Pakistan Stock Exchange (PSX) Regulations, SG Power Limited has declared a “Closed Period” from April 1, 2026, to April 2, 2026. During this period, no Director, CEO, or Executive will be permitted to engage in any direct or indirect transactions involving the company’s shares. According to information available from the Pakistan Stock Exchange (PSX), such measures are standard procedure to ensure transparency and prevent any potential conflicts of interest during significant corporate governance decisions.

Stakeholders and TRE Certificate Holders of the Exchange have been informed of the Closed Period and the upcoming board meeting, ensuring that all parties involved are aware of the restrictions and the agenda to be addressed. The emergent meeting is a critical step for SG Power Limited as it continues to navigate its strategic objectives and leadership transitions in the energy sector.