Faisalabad: Sitara Peroxide Limited has announced that its Board of Directors will convene on June 12, 2025, to review the quarterly accounts for the period ending December 31, 2023. The meeting will also consider the declaration of any entitlements for the shareholders.
In compliance with the regulations set forth by the Pakistan Stock Exchange (PSX), the company has declared a closed period beginning on June 5, 2025, and ending on June 12, 2025. During this time frame, no Director, Chief Executive Officer, or Executive is permitted to engage in any trading of the company's shares, either directly or indirectly.
This announcement is significant to the designated market category as it ensures transparency and compliance with regulatory standards. According to information available from the Pakistan Stock Exchange (PSX), such measures are in place to maintain fair trading practices and to prevent any potential conflicts of interest that could arise during the review of financial statements.
The company has requested that the information regarding the closed period be disseminated to the TRE Certificate Holders of the Exchange to ensure widespread awareness and adherence to the trading restrictions.
Sitara Peroxide Limited continues to align its corporate governance practices in accordance with the PSX regulations to maintain investor confidence and uphold market integrity.