Karachi: A notice from Shahtaj Sugar Mills Limited has announced a closed period for its directors, CEO, and executives from May 29, 2026, to June 4, 2026. This period is instituted ahead of a scheduled Board of Directors meeting set for June 4, 2026, at 11:45 AM. The meeting will be conducted at the company's registered office located at Shahnawaz Building, 19 - Dockyard Road, West Wharf, Karachi.

The closed period is mandated under Clause 5.6.4 of the Pakistan Stock Exchange (PSX) Regulations, during which no dealings in the company shares are permitted by the company’s executives. This move is to ensure compliance with regulatory requirements and maintain transparency within the company's operations.

According to information available from the Pakistan Stock Exchange (PSX), the announcement requests that the TRE Certificate Holders of the Exchange be duly informed about this development. The focus of the upcoming board meeting will be on matters that do not pertain to the financial results of the company.

The establishment of a closed period is a standard practice in the designated market category to prevent any potential conflict of interest or misuse of confidential information by those in positions of power within the company.