⚡ Flash Summary
Sui Northern Gas Pipelines Limited (SNGPL) has announced a board meeting to be held on November 1, 2025, to consider the quarterly accounts for the periods ended September 30, 2024, December 31, 2024, and March 31, 2025, alongside the annual accounts for the financial year ended June 30, 2025. In compliance with PSX regulations, a closed period has been declared from October 25, 2025, to November 1, 2025, during which directors, CEO, and executives are prohibited from dealing in the company’s shares. This announcement aims to inform stakeholders of the upcoming financial review and the related restrictions on share trading by insiders.
📌 Key Takeaways
- 🗓️ Board meeting scheduled for November 1, 2025, at 2:30 p.m.
- 🏢 Meeting to be held at the Company’s Board Room, 21-Kashmir Road, Lahore.
- 🧾 Quarterly accounts for September 30, 2024, December 31, 2024, and March 31, 2025, will be reviewed.
- 📅 Annual accounts for the financial year ended June 30, 2025, will be considered.
- 🔒 “Closed Period” declared from October 25, 2025, to November 1, 2025.
- 🚫 Directors, CEO, and executives are restricted from dealing in company shares during the closed period.
- 📜 Restriction is in accordance with Rule No. 5.6.4 of the PSX Rule Book.
- 📢 TRE Certificate Holders of the Exchange are to be informed.
- ✉️ Announcement made via PUCARS/Courier.
- 🏢 Registered office located at 21-Kashmir Road, Lahore.
- 🌐 Company website: www.sngpl.com.pk
- 📞 Contact number: +9242-99082000-06
- 🏢 Head office: Corporate Affairs Department, 5th Floor, Gas House, 21-Kashmir Road, Lahore.
- 📞 Head office contact: +92-42-99201369
🎯 Investment Thesis
Given the limited information in this announcement, a HOLD recommendation is appropriate. Investors should await the outcome of the board meeting and the release of the financial results for the periods ending September 30, 2024, December 31, 2024, March 31, 2025, and June 30, 2025. A clear BUY or SELL signal would depend on the company’s financial performance, growth prospects, and risk factors outlined in the upcoming reports. The price target will be reassessed after analyzing the financial results and industry outlook.
Disclaimer: AI-generated analysis. Not financial advice.