Karachi: Khyber Textile Mills Limited has scheduled a board meeting for October 25, 2024, to review its quarterly financial statements for the period ending September 30, 2024. The meeting, set to occur will also include declarations regarding any shareholder entitlements.
According to the notice issued to the Pakistan Stock Exchange, the meeting will take place at the company's headquarters. The board will assess the company's performance and financial results for the third quarter of the fiscal year.
Additionally, Khyber Textile Mills has announced a closed period from October 18 to October 25, as mandated by PSX Regulation 5.6.1(d). During this time, directors, the CEO, and other executive personnel are prohibited from trading the company’s shares.
Shareholders and interested parties are advised to note these developments. According to information available from the Pakistan Stock Exchange (PSX), this move is standard practice to prevent any insider trading ahead of significant announcements that could affect the company's stock price.
The company's results for the quarter will be closely monitored by market analysts and investors, as these financial reports provide a critical insight into the company's health and strategic direction.