Karachi: Ahmad Hassan Textile Mills Limited (AHTM) is set to hold a crucial meeting of its Board of Directors on October 28, 2024. The assembly will convene at the company's registered office to review and potentially approve the First Quarterly Account for the fiscal quarter ending September 30, 2024. This session is also slated for the declaration of any possible entitlements.
In adherence to the regulatory framework set forth by the Pakistan Stock Exchange, AHTM has instituted a "closed period" from October 21 through October 28, 2024, during which AHTM's Directors, CEO, and Executives are restricted from trading the company’s shares. According to information available from the Pakistan Stock Exchange (PSX), this protocol is essential for maintaining market integrity and preventing the misuse of unpublished sensitive information.
The company has further advised that TRE Certificate Holders of the Exchange be informed of these governance activities and the stipulated trading restrictions during the closed period.