⚡ Flash Summary
Century Paper & Board Mills Limited has announced a board meeting to be held on October 24, 2025, to consider the unaudited financial statements for the quarter ended September 30, 2025. The company has also declared a “Closed Period” from October 17, 2025, to October 24, 2025, during which directors, the CEO, and executives are prohibited from dealing in the company’s shares, as per PSX regulations. This announcement ensures compliance with regulatory requirements and informs stakeholders about the upcoming financial review. TRE Certificate Holders are to be informed of the Closed Period.
📌 Key Takeaways
- 📅 Board meeting scheduled for October 24, 2025, at 06:00 p.m.
- 🏢 Meeting will be held at the Registered Office in Lakson Square, Karachi.
- 📜 Purpose of the meeting: to consider unaudited financial statements.
- 📊 Financial statements under review are for the quarter ended September 30, 2025.
- 🔒 “Closed Period” declared from October 17, 2025, to October 24, 2025.
- 🚫 Directors, CEO, and executives are restricted from trading shares during this period.
- ⚖️ Restriction is in accordance with Clause 5.6.4 of PSX Regulations.
- 📢 TRE Certificate Holders of the Exchange are to be informed.
- ✉️ Announcement was made on October 17, 2025.
- 🏢 Century Paper & Board Mills Limited is the reporting entity.
- 👤 Mansoor Ahmed, Company Secretary, signed the announcement.
🎯 Investment Thesis
Given the lack of financial information in the announcement, a definitive BUY/SELL/HOLD recommendation cannot be made. The announcement primarily serves as an informational update on corporate governance matters. A HOLD recommendation is appropriate until the financial statements for the quarter ended September 30, 2025, are reviewed and analyzed. Price target: N/A. Time horizon: N/A.
Disclaimer: AI-generated analysis. Not financial advice.