Baluchistan Wheels Limited Sets Board Meeting for Annual Financial Approval

Karachi: Baluchistan Wheels Limited announced it will hold a board meeting on August 19, 2024, to consider and approve the annual audited financial statements for the fiscal year ended June 30, 2024, and to decide on any possible entitlements.

The company has entered a “Closed Period” from August 9, 2024, to August 19, 2024, during which no director, CEO, or executive is permitted to trade shares of the company. This restriction aligns with Clause 5.6.1 (d) of the Rule Book of the Pakistan Stock Exchange Limited. According to information available from the Pakistan Stock Exchange (PSX), the enforcement of this closed period is a standard practice aimed at preventing insider trading ahead of the dissemination of significant financial information.

Stakeholders, including Trading Right Entitlement (TRE) Certificate Holders, have been notified of these developments as the company prepares to disclose its financial outcomes for the past year.

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