Karachi: AN Textile Mills Limited, formerly known as Ishaq Textile Mills Limited, has scheduled a board meeting for October 30, 2024, to review its first-quarter financial results and discuss potential entitlement declarations. The meeting will be held at the company's registered office in Faisalabad.
The board of directors will convene to examine the financial statements for the quarter ending September 30, 2024. The agenda includes the consideration of the first quarterly accounts for possible entitlement announcements and conducting other business as permitted by the chairperson.
According to information available from the Pakistan Stock Exchange (PSX), AN Textile Mills has also announced a closed period starting from October 22, 2024, to October 30, 2024. During this time, directors, the CEO, and executives are prohibited from trading the company’s shares. This measure is in compliance with Clause 5.6.1(d) of PSX Regulations, which restricts share dealings by insiders around the time of significant corporate disclosures or financial reporting.
The company has directed that the TRE Certificate Holders of the Exchange be informed of the closed period and the upcoming board meeting. This notification ensures transparency and compliance with market regulations as AN Textile Mills prepares to disclose its quarterly financial performance.