Shahtaj Sugar Mills Limited Schedules Board Meeting and Announces Closed PeriodAgha Steel Industries Reports Mixed Performance on Pakistan Stock Exchange

Karachi, Shahtaj Sugar Mills Limited has announced a Board of Directors meeting scheduled for Saturday, January 27, 2024, at 11:30 AM. The meeting will take place at the company’s head office located at Shahnawaz Building, 19-Dockyard Road, West Wharf, Karachi. The primary agenda for this meeting is to consider and approve the un-audited financial statements of the company for the quarter ended December 31, 2023.

In addition, the company has declared a closed period from January 19, 2024, to January 27, 2024, in compliance with Clause 5.6.1(d) of the Pakistan Stock Exchange (PSX) Regulations. During this period, no Director, CEO, or Executive of the company is allowed to deal in the shares of the company, either directly or indirectly.

This information is essential for the shareholders and the TRE Certificate Holders of the Exchange, ensuring transparency and adherence to the regulatory requirements of the PSX.

Karachi, Agha Steel Industries, a key player in the steel industry and listed on the Pakistan Stock Exchange (PSE), experienced varied trading activity on January 19, 2024. The company traded under the code AGHA, with its stock opening at a price of PKR 13.47 and closing at the same level. The stock fluctuated during the day, reaching a low of PKR 13.29 and a high of PKR 13.39. A total of 110,788 shares were traded, with the closing price settling at PKR 13.32.

Additionally, the company had futures contracts under different codes, each showing distinct trading patterns. Under the code AGHA-FEB, despite no shares being traded, the future contract price peaked at PKR 13.71, closing at PKR 13.66. The AGHA-JAN futures saw some activity with 25,000 shares traded, opening at PKR 13.45 and closing higher at PKR 13.7, touching a low of PKR 13.15 and a high of PKR 13.7, with the closing price marked at PKR 13.33.

Lastly, the AGHA-MAR futures did not witness any trading, yet the contract price was quoted at PKR 14.04, with the closing figure at PKR 14.