Karachi: Sindh Abadgar's Sugar Mills Limited has scheduled a meeting of its Board of Directors for May 23, 2025. The meeting will take place at the company's registered office in Karachi, where the board members are set to review the Quarterly Accounts for the period ending March 31, 2025. The agenda includes the consideration of any potential entitlements for shareholders.

In alignment with regulatory requirements, the company has declared a "Closed Period" from May 17, 2025, to May 23, 2025. During this time, no director, CEO, or executive of the company is permitted to engage in any transactions involving the company's shares, either directly or indirectly. This measure complies with Clause 5.6.1(d) of the Rule Book of the Exchange.

According to information available from the Pakistan Stock Exchange (PSX), this announcement falls under the designated market category for corporate disclosures. The company has instructed that the Trading Right Entitlement Certificate (TRE) holders of the exchange be informed of this development to ensure transparency and adherence to market rules.

The board's decision following the meeting will be closely watched by stakeholders and market participants for indications of the company's financial performance and any forthcoming entitlements.