J. A. Textile Mills Ltd. Schedules Board Meeting to Review Annual Accounts

Faisalabad: J. A. Textile Mills Ltd. has announced a Board of Directors meeting scheduled for October 7, 2024, in Faisalabad, to consider the annual audited accounts for the fiscal year ending June 30, 2024.

According to information available from the Pakistan Stock Exchange (PSX), the company has instituted a "Closed Period" from September 27, 2024, to October 7, 2024. During this period, directors, the CEO, and executives are prohibited from trading company shares, aligning with clause 5.6.1(d) of the PSX Rule Book under the Code of Corporate Governance. This measure is intended to prevent any insider trading based on unpublished financial data.

The upcoming board meeting is pivotal for reviewing the company’s financial performance over the past year and for making informed decisions regarding its future operations and strategies.