Multan: Allawasaya Textile and Finishing Mills Limited has scheduled a board meeting for October 28, 2024, to review and potentially approve its unaudited financial statements for the first quarter ended September 30, 2024. The meeting is set to take place at Multan.

In preparation for this meeting, the company has declared a closed period from October 21 to October 28, 2024, according to Clause 5.6.4 of the PSX Rule Book. During this time, no director, CEO, or executive is permitted to directly or indirectly deal in the shares of the company. This standard procedure aims to prevent any insider trading ahead of the disclosure of financial results. According to information available from the Pakistan Stock Exchange (PSX), the closed period is a routine governance practice among listed companies to ensure transparency and fairness in the handling of potentially market-sensitive information.

Stakeholders and investors are advised to await further announcements following the board’s deliberations, which will address not only the financial outcomes but also other pertinent agenda items detailed in the company's notification to the PSX.