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Karachi: The Board of Directors of Mehran Sugar Mills Limited is set to convene on July 30, 2024, to discuss the financial statements for the period ending June 30, 2024. This meeting will take place at the company’s registered office.
In compliance with Clause 5.6.4 of the Pakistan Stock Exchange (PSX) Regulations, Mehran Sugar Mills has announced a closed period from July 23, 2024, to July 30, 2024. During this time, directors, the chief executive, and executives are prohibited from dealing in the company’s shares directly or indirectly.
According to information available from the Pakistan Stock Exchange (PSX), this measure is a standard practice to prevent insider trading and ensure that all disclosures during the financial statement review are made without any undue influence from internal stakeholders.
The TRE Certificate Holders of the Exchange have been notified about the upcoming board meeting and the closed period to maintain transparency and regulatory compliance.