Engro Corporation Discloses Critical Update to Pakistan Stock Exchange

Karachi: Engro Corporation Limited has announced a significant update to its ongoing disclosures, adhering to the regulatory requirements of the Securities Act, 2015, and the rules of the Pakistan Stock Exchange (PSX).

As part of its latest communications, dated May 23, 2024, Engro Corporation followed up on its earlier announcements from May 6 and May 17, 2024. This disclosure is in compliance with Sections 96 and 131 of the Securities Act, 2015, and Clause 5.6.1 of the Rule Book of the PSX. The specifics of the disclosure, enclosed in the material information form, remain essential for TREC Holders of the exchange.

According to information available from the Pakistan Stock Exchange (PSX), the disclosure by Engro Corporation is expected to maintain transparency and regulatory adherence within the trading environment. This adherence to stringent regulatory guidelines underscores Engro’s commitment to corporate transparency and governance.

The company has also made arrangements for the dissemination of this information among all TREC Holders, aiming to ensure that market participants are well-informed about corporate activities that may affect their trading decisions.

This announcement is part of Engro Corporation’s continuous effort to uphold high standards of disclosure and to facilitate clear communication with its investors and stakeholders within the market framework.