Wafi Energy Pakistan Limited Board Meeting Ongoing in Karachi

Karachi: Wafi Energy Pakistan Limited has announced that its Board of Directors meeting, initially scheduled and communicated via a letter dated April 17, 2025, is currently taking place in Karachi. The meeting was convened on April 29, 2025, to consider and approve the company's financial statements for the first quarter ending March 31, 2025, and to discuss any potential declarations of entitlement or corporate actions.

The company has indicated that the meeting is still in progress. The ongoing session is expected to focus on the financial performance of the company during the specified period, with particular attention on any significant decisions regarding corporate actions.

According to information available from the Pakistan Stock Exchange (PSX), shareholders and TRE Certificate Holders of the Exchange are advised to stay informed about the outcomes of the meeting. The decisions made during this session may impact the market category in which Wafi Energy operates, although specific details about the financials or corporate actions have not yet been disclosed.

The company had previously notified the exchange about the meeting, underscoring its commitment to transparency and timely communication with stakeholders. Further updates are anticipated once the meeting concludes and definitive resolutions are reached.