Karachi: Premium Textile Mills Limited has scheduled a meeting of its Board of Directors on February 28, 2025, at 11:00 a.m. in Karachi. The board will convene to review the company’s half-yearly accounts for the period ending December 31, 2024. The meeting agenda includes the consideration of any entitlements for shareholders.
The company, adhering to the regulations of the Pakistan Stock Exchange (PSX), has declared a closed period from February 21, 2025, to February 28, 2025. During this closed period, no director, CEO, or executive of the company is permitted to engage in any direct or indirect trading of the company’s shares.
According to information available from the Pakistan Stock Exchange (PSX), the closed period is mandated under Section 5.6.1(d) of the PSX regulations. This period ensures that no insider trading occurs as the company prepares to disclose its financial performance for the specified half-year period.
Premium Textile Mills Limited has requested that the TRE Certificate Holders of the exchange be informed of these developments as per the designated market category. The financial results and any declarations made during this meeting are anticipated with interest by stakeholders and market participants.