⚡ Flash Summary
OGDC has announced a board meeting scheduled for October 29, 2025, to review the quarterly accounts ending September 30, 2025, and consider any potential entitlement declarations. In compliance with PSX regulations, the company has declared a closed period from October 23, 2025, to October 29, 2025. During this period, directors, the CEO, and executives are prohibited from trading in the company’s shares to prevent insider trading and maintain market integrity. The announcement was made on October 22, 2025, to inform stakeholders about these important dates.
📌 Key Takeaways
- 🗓️ Board meeting scheduled for October 29, 2025, in Islamabad.
- 💰 Meeting to review quarterly accounts for the period ending September 30, 2025.
- 🔒 Closed period declared from October 23, 2025, to October 29, 2025.
- 🚫 No trading by directors, CEO, or executives during the closed period.
- 🇵🇰 Announcement complies with PSX Regulations.
- ✉️ Notification to TRE Certificate Holders of the Exchange.
- 🏢 Meeting to be held at 1500 hours.
- 📍 Meeting location: Islamabad.
- 📜 Agenda includes consideration of entitlement declaration.
- ✍️ Announcement by Wasim Ahmad, Company Secretary.
- 🏢 Company address: OGDCL House, Islamabad.
- 📞 Contact number: +92 (51) 92002 3524.
- 🌐 Company website: ogdcl.com.
- ✉️ Copy sent to Executive Director/HOD and SECP.
- 🏢 SECP address: NIC Building, Jinnah Avenue, Islamabad.
🎯 Investment Thesis
HOLD. The announcement is a routine corporate governance matter. The decision to hold, buy, or sell should depend on the underlying financial performance of OGDCL, the future outlook for oil and gas prices, and the company’s strategic initiatives. The board meeting and closed period are prerequisites to the release of financials which will need to be reviewed before making a recommendation.
Disclaimer: AI-generated analysis. Not financial advice.