Faisalabad: Sitara Chemical Industries Limited has announced the scheduling of a Board of Directors meeting to take place on Friday, February 28, 2025, at 3:00 p.m. in Faisalabad. The meeting is set to consider and approve the six-month accounts that have been reviewed by auditors for the period ending December 31, 2024.
In advance of this meeting, the company has declared a "Closed Period" from February 22, 2025, to February 28, 2025. During this timeframe, no directors, the Chief Executive Officer, or executives will be permitted to directly or indirectly engage in dealings of the company’s shares in any manner.
The company has communicated this information to the TRE Certificate Holders of the Exchange. According to information available from the Pakistan Stock Exchange (PSX), these procedures are routine for maintaining transparency and regulatory compliance within the designated market category.
This meeting is a part of the company's governance practice to ensure the accuracy and integrity of its financial reporting. The outcomes of the meeting will be closely monitored by stakeholders and market participants.