AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
KARACHI: OilBoy Energy Limited has formally requested an extension from the Securities and Exchange Commission of Pakistan (SECP) to delay its Annual General Meeting (AGM) and the submission of financial statements for the fiscal year ended June 30, 2024.
The company notified the Pakistan Stock Exchange about its application for postponement, citing the need for additional time to prepare and audit its financial documents. According to information available from the Pakistan Stock Exchange (PSX), this request reflects a procedural delay but does not yet signify non-compliance, as the decision from SECP is pending.
OilBoy Energy Limited emphasized its commitment to transparency by submitting a copy of the application to the exchange, ensuring that its stakeholders are informed of the ongoing process. The company has promised to update the exchange and its investors as soon as it receives a response from SECP.