Ghazi Fabrics Schedules Board Meeting to Approve Half-Yearly Accounts


Lahore: Ghazi Fabrics International Limited has announced that a meeting of its Board of Directors is scheduled for February 24, 2025. This meeting, set to take place at 11:00 a.m. at the company”s registered office located at 8-C, E-III, Gulberg-III, Lahore, will focus on considering and approving the un-audited half-yearly accounts for the period that concluded on December 31, 2024.



The company has outlined a closed period from February 18, 2025, to February 24, 2025, inclusive, in compliance with Rule 5.6.4 of the Rule Book of the Exchange. During this time, no Director, CEO, or Executive of the company will be permitted to engage, directly or indirectly, in trading the company”s shares in any manner.



According to information available from the Pakistan Stock Exchange (PSX), this closed period is a standard practice intended to prevent insider trading and ensure the fairness and integrity of the market. Ghazi Fabrics International Limited falls under the textile manufacturing sector in the designated market category, a crucial segment of Pakistan”s economy.



The company has communicated this schedule and the applicable closed period to the certificate holders of the exchange to maintain transparency and adherence to regulatory requirements. As the board prepares to review the financial performance of the last six months, stakeholders and investors eagerly await the outcomes of the meeting, which could provide insights into the company”s operational and financial health heading into the second half of the fiscal year.