Karachi: Shahmurad Sugar Mills Limited has scheduled a board meeting on May 26, 2025, in Karachi to review and approve the company's quarterly financial statements for the period ending March 31, 2025. The announcement comes as part of the regulatory requirements set forth by the Pakistan Stock Exchange (PSX), under which the company is listed in the designated market category.

In compliance with the PSX Rule Book, specifically clause 5.6.1, Shahmurad Sugar Mills Limited has declared a closed period from May 19, 2025, to May 26, 2025. During this time, no directors, including the CEO or other executives, are permitted to engage in any transactions involving the company's shares. This measure aims to prevent any potential conflicts of interest or insider trading activities prior to the official release of the financial results.

According to information available from the Pakistan Stock Exchange (PSX), the closed period is a standard practice that ensures transparency and fairness in the trading of shares. Participants of the exchange, including TRE Certificate Holders, have been duly notified of this closed period to ensure compliance with the regulatory framework.

The upcoming board meeting and subsequent release of the quarterly accounts are critical for stakeholders and investors who closely monitor the company's financial health and performance. The financial results will provide insights into the company's operations and strategic direction for the coming months.