Faisalabad: Asim Textile Mill Ltd. has announced a scheduled board meeting set for February 28, 2025, at 9:30 AM. The meeting will take place at the company's premises on J Road, Madina Town, Faisalabad, to discuss financial results for the second quarter ending December 31, 2024.

The textile company has declared a closed period beginning on February 20, 2025, in accordance with the Pakistan Stock Exchange's regulations. This closed period will extend through the day of the board meeting on February 28, 2025. During this time, no director, CEO, or executive of Asim Textile Mill Ltd. is permitted to trade the company's shares directly or indirectly.

According to information available from the Pakistan Stock Exchange (PSX), the closed period is mandated under Clause 5.6.1 of the PSX regulations. These rules are designed to prevent the misuse of confidential financial information by company insiders.

The company has communicated this information to the Trading Right Entitlement (TRE) Certificate Holders of the exchange, ensuring compliance with regulatory requirements. Asim Textile Mill Ltd. operates within the textile manufacturing sector, a key component of Pakistan's economy.