Nishat Mills Limited Announces Board Meeting to Consider Scheme of Arrangements

May 3, 2024 Business & Finance News

Lahore, Nishat Mills Limited has scheduled a Board of Directors meeting in Lahore to discuss and potentially approve a Scheme of Arrangements and Compromises with Nishat Chunian Limited and Nishat Chunian Power Limited. This meeting, detailed in a notice to the Pakistan Stock Exchange, is set to take place on May 9, 2024.

In anticipation of the board meeting, the company has initiated a “Closed Period” from today, May 3, 2024, until May 9, 2024. During this time, directors, the CEO, and executives are prohibited from buying or selling company shares. This measure adheres to the regulations mandated by the Pakistan Stock Exchange to prevent insider trading.

Check Also

PSX Issues Buy-Back Directive for Three Companies Over Regulatory Non-Compliance

Karachi: The Pakistan Stock Exchange (PSX) has issued a compulsory buy-back directive to the sponsors and majority shareholders of three companies, following their continued failure to comply with specific financial regulations. The companies have bee...

The post PSX Issues Buy-Back Directive for Three Companies Over Regulatory Non-Compliance appeared first on .

Copyright © 2010 - 2026. Asianet Pakistan, All Rights Reserved