Lahore: Hamid Textile Mills Limited has announced a forthcoming meeting of its Board of Directors, scheduled for September 30, 2024, at the company's registered office in Lahore. The agenda for the meeting includes a review of the Annual Financial Statement for the fiscal year ending June 30, 2024, and the declaration of any entitlements to be issued.

The board meeting is set to begin at 11:30 a.m., focusing on financial assessments and the strategic directions for the upcoming fiscal year. This gathering is crucial for shaping the company's future endeavors and financial planning.

According to information available from the Pakistan Stock Exchange (PSX), the company has also declared a trading blackout period from September 27 to October 1, 2024, as per the compliance requirements under clause 5.6.1(d) of PSX regulations. During this period, directors, CEOs, and other executives are prohibited from trading company shares, directly or indirectly.

Stakeholders, including TRE Certificate Holders of the Exchange, have been advised of the meeting and the trading restrictions. The careful timing of these announcements aligns with regulatory requirements and aims to maintain market integrity during sensitive periods of financial reporting.

This scheduled review and the associated trading restrictions underscore the company's commitment to transparency and regulatory compliance ahead of significant corporate disclosures.