Islamabad, The Oil and Gas Development Company Limited (OGDCL) has scheduled a board meeting to review the company's quarterly performance, as indicated in a notice issued to relevant stock exchanges. The meeting, slated for April 29, 2024, in Islamabad, is set to deliberate on the financial outcomes for the quarter ending March 31, 2024, and any declarations of entitlement.

According to Oil and Gas Development Company Limited, the company has also instituted a "Closed Period" from April 19, 2024, to April 29, 2024. During this time, directors, the CEO, and executives are prohibited from trading the company’s shares, aligning with regulatory requirements to prevent insider trading around financial disclosures.

The notice, dated April 18, 2024, was disseminated to meet compliance standards and inform shareholders and the market of the upcoming board meeting and the associated closed period. Additionally, the company has communicated this information to the London Stock Exchange, indicating its commitment to maintaining transparency with international stakeholders.

The upcoming financial results and any potential entitlement declarations are eagerly anticipated by investors, who consider such meetings critical for assessing the company's health and future prospects.