Faisalabad: Ashfaq Textile Mills Ltd has announced a Board of Directors meeting scheduled for September 30, 2024, in Faisalabad. The agenda for this gathering is set to focus primarily on the consideration and adoption of the Annual Audited Accounts for the fiscal year that concluded on June 30, 2024.
The Company has also initiated a "Closed Period" starting from September 23, 2024, until the date of the meeting on September 30, 2024. According to the directive stipulated under clause 5.0.1(d) of the Pakistan Stock Exchange (PSX) Regulations, no director, CEO, or executive is allowed to buy or sell company shares during this time.
According to information available from the Pakistan Stock Exchange (PSX), this decision reflects standard regulatory compliance aimed at preventing insider trading during critical financial disclosures. TRE Certificate Holders of the Exchange have been duly informed regarding these developments as required.