Lahore: Zahidjee Textile Mills Limited has announced a board meeting to be held on October 4, 2024, in Lahore. The primary agenda will be to consider the Annual Accounts for the period that ended in June 2020. This meeting will also include discussions on the declaration of any entitlements.

The meeting's announcement comes during a Closed Period mandated by PSX Regulations under section 5.6.1(d). This period extends from September 28, 2024, to the date of the meeting, October 4, 2024. During this time, directors, the CEO, and executives are prohibited from directly or indirectly dealing in the company's shares.

According to information available from the Pakistan Stock Exchange (PSX), the enforcement of the Closed Period is a standard compliance measure to prevent insider trading and to ensure transparency while significant financial decisions are under review. The company has also taken steps to notify the TRE Certificate Holders of the Exchange about the upcoming board meeting and the ongoing Closed Period.