Punjab Oil Mills Board Meeting Scheduled to Approve Annual Accounts

Islamabad: Punjab Oil Mills Limited has announced a board meeting to be held in Islamabad on September 30, 2024, to review and approve the company’s annual accounts for the fiscal year that concluded on June 30, 2024. The session is poised to address the financial results of the preceding year and align on future strategies.

According to information available from the Pakistan Stock Exchange (PSX), the company has also declared a “Closed Period” starting from today, September 23, until the date of the meeting, September 30. During this period, directors, the CEO, and executives are prohibited from buying or selling company shares, adhering to Clause 5.6.1(d) of PSX Regulations. This precaution ensures no insider trading occurs based on the fiscal year’s financial outcomes before they are publicly released and discussed during the board meeting.

Stakeholders and TRE Certificate Holders have been duly notified of the upcoming board meeting and the associated trading restrictions. This governance adheres to standard regulatory requirements aimed at maintaining market integrity and shareholder trust.

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