Karachi: Bhanero Textile Mills Limited has announced a Board of Directors meeting scheduled for September 30, 2024, in Karachi to evaluate the Annual Accounts for the fiscal period ending June 30, 2024. The board will also discuss the potential declaration of entitlements for the period.

According to information available from the Pakistan Stock Exchange (PSX), this crucial meeting will address the company’s financial outcomes and strategies for shareholder value enhancement over the previous financial year.

In line with the PSX Regulations, particularly clause 5.6.1(d), the company has initiated a Closed Period from September 20, 2024, to the date of the meeting on September 30, 2024. During this time, all directors, the CEO, and executives are prohibited from trading the company’s shares, whether directly or indirectly.

The TRE Certificate Holders have been duly informed about these developments to maintain compliance and uphold the standards of corporate governance required by the Exchange.