Karachi: Towellers Limited, a prominent Pakistani company, has scheduled a board meeting for October 29, 2024, to discuss its unaudited financial results for the third quarter of the current fiscal year, the company disclosed in a notification to the Pakistan Stock Exchange.

According to information available from the Pakistan Stock Exchange (PSX), the meeting is slated to occur at Karachi. The directors will review financial statements from July to September 2024, aiming to approve these documents pending audit.

Moreover, Towellers Limited has entered a “closed period” from October 22, 2024, to October 29, 2024, during which key executives, including the CEO and Director, are prohibited from trading company shares. This is in compliance with the regulatory standards set by the PSX to prevent any insider trading during pivotal financial disclosures.

Shareholders and investors are advised that the company will inform TR Certificate Holders of the proceedings, ensuring transparency and adherence to market regulations. The results of this board meeting are keenly anticipated by market watchers, as they often provide insights into the company’s performance and future outlook.