AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, Engro Powergen Qadirpur Limited has announced its board meeting scheduled for February 15, 2024, to discuss and disclose the financial outcomes for the year ended December 31, 2023. The meeting is set to take place at 10:00 a.m. in Karachi where the Board of Directors will review the financial statements for the past year and decide on the declaration of any entitlements.
In adherence to clause 5.6.4 of the Rule Book of the Pakistan Stock Exchange, the company has declared a Closed Period from February 6, 2024, to February 15, 2024. During this time, directors, the CEO, and executives are prohibited from dealing in the company’s shares, whether directly or indirectly. This measure ensures the maintenance of transparency and compliance with regulatory requirements ahead of the significant financial announcement.
The stock exchange and TRE Certificate Holders have been informed about the scheduled board meeting and the Closed Period to prepare for the upcoming financial disclosures and any potential impact on the company’s stock performance.