Supernet Limited Announces Board Meeting Amid Trading Restrictions

Karachi: Supernet Limited has scheduled an emergent board meeting for May 27, 2025, to be conducted both at the company's registered office and via video link. The focus of the meeting will be to deliberate on several business decisions, which remain undisclosed. It is anticipated that if any price-sensitive information arises from the discussions, it will be communicated to the Exchange in compliance with the Pakistan Stock Exchange (PSX) Regulations.

In line with regulatory requirements, Supernet Limited has declared a "Closed Period" from May 26, 2025, to May 27, 2025. During this period, directors, the chief executive officer, and other executives are prohibited from engaging in any direct or indirect transactions involving the company's shares. This measure is in adherence to Clause 5.6.1(d) of the PSX Regulations.

According to information available from the Pakistan Stock Exchange (PSX), companies are mandated to observe a closed period around significant corporate events to prevent insider trading and ensure fair market practices. Supernet Limited has duly notified the TREC Certificate Holders of the Exchange about this compliance measure. The outcome of the meeting and any resultant disclosures are awaited by stakeholders and market participants.