Sapphire Textile Mills Schedules Board Meeting to Discuss Annual Accounts

Lahore: Sapphire Textile Mills Limited has announced a board meeting set for September 26, 2024, via video link from Lahore to review the annual accounts for the period ended June 30, 2024, and to discuss potential entitlement declarations. According to information available from the Pakistan Stock Exchange (PSX), the company has instituted a "Closed Period" from September 20 to September 26, aligning with PSX Regulation Clause 5.6.4. During this period, no director, CEO, or executive is permitted to deal directly or indirectly with the company’s shares.

This regulatory measure ensures compliance and governance transparency as the board deliberates on the fiscal outcomes and shareholder dividends. TRE Certificate Holders of the Exchange have been notified of these proceedings as part of standard protocol.