Lahore: Zahur Cotton Mills Limited has announced a meeting of its Board of Directors, scheduled to take place on Friday, February 21, 2025, at 10:30 am. The meeting will be held at the company’s office located at 623-B, PCSIR-II, Lahore. The primary agenda for this meeting is to consider and approve the half-yearly accounts for the period that ended on December 31, 2024.

In compliance with regulatory requirements, the company has declared a “Closed Period” starting from Friday, February 14, 2025, and ending on Friday, February 21, 2025. During this period, as stipulated under Clause 5.6.1 (d) of the Pakistan Stock Exchange (PSX) Rule Book, no Director, CEO, or Executive of Zahur Cotton Mills Limited is permitted to engage in any direct or indirect transactions involving the company’s shares.

According to information available from the Pakistan Stock Exchange (PSX), this measure is a standard practice designed to prevent insider trading and ensure fair market practices. The company has taken steps to notify the TRE Certificate Holders of the Exchange about these developments.

Zahur Cotton Mills Limited operates in the textile industry, a significant sector within the designated market category, contributing substantially to Pakistan’s economy. As the company approaches the board meeting, stakeholders await the financial insights that will be disclosed with the half-yearly accounts.