Lahore: Synthetic Products Enterprises Limited (SPEL) has announced that its Board of Directors will convene a meeting on Friday, February 07, 2025, at 11:30 AM. This meeting will take place at the SPEL Head Office located at 127-S, Q.I.E. Kotlakhpat, Lahore. The primary agenda of the meeting is to review and consider the financial statements for the period ending December 31, 2024.

In compliance with regulatory requirements, SPEL has declared a "Closed Period" starting from January 31, 2025, to February 07, 2025, inclusive of both dates. During this period, as stipulated by Clause 5.6.4 of the Pakistan Stock Exchange (PSX) Rule Book, no Director, CEO, or Executive of the company is permitted to deal in the shares of SPEL, either directly or indirectly, in any manner.

According to information available from Pakistan Stock Exchange (PSX), such measures are standard practice to maintain transparency and prevent any insider trading ahead of significant financial disclosures. The company's adherence to these rules ensures that all stakeholders are on an equal footing regarding access to material information.

Stakeholders and TRE Certificate Holders of the Exchange have been duly informed of this development. SPEL's commitment to regulatory compliance is evident in their structured approach to financial reporting and governance. This meeting is crucial as it will provide insights into the company's financial health and performance for the latter half of 2024, thereby influencing investor decisions in the designated market category.