Hi-Tech Lubricants Limited Announces Board Meeting and Closed Period

Karachi: Hi-Tech Lubricants Limited has scheduled a Board of Directors meeting to review and declare its quarterly financial performance. The meeting is set to take place on October 26, 2024, at Lahore, focusing on the accounts for the period ending September 30, 2024.

The company has announced a “Closed Period” from October 19 to October 26, 2024, during which no director, CEO, or executive shall buy or sell company shares, as per the regulations of the Pakistan Stock Exchange (PSX). This mandatory quiet period aims to prevent insider trading ahead of the public release of financial results. According to information available from the Pakistan Stock Exchange (PSX), this is a standard practice to ensure transparency and fairness in the dealings of publicly listed companies.

Shareholders and potential investors are advised to take note of these dates as the company prepares to disclose its financial standings and any potential entitlements that might be declared. This disclosure aligns with Hi-Tech Lubricants’ commitment to maintaining rigorous compliance with PSX regulations and ensuring all stakeholders are informed of significant corporate decisions in a timely manner.

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