Multan: Maqbool Textile Mills Limited has announced that its Board of Directors will convene on November 27, 2024, at the company's registered office in Multan. The primary agenda for the meeting is to consider and approve the un-audited financial statements for the first quarter, which ended on September 30, 2024.

In compliance with the Code of Corporate Governance outlined in the Listing Regulation of the Exchange, the company has declared a closed period from November 21, 2024, to November 27, 2024. During this closed period, directors, the CEO, and executives of the company are prohibited from dealing in the company's shares, either directly or indirectly.

According to information available from the Pakistan Stock Exchange (PSX), the closed period is a mandatory measure to ensure transparency and fairness in the trading of the company's shares. The closed period aims to prevent any insider trading before the financial statements are publicly disclosed.

Members of the exchange have been duly informed of the upcoming board meeting and the associated closed period.