Faisalabad: Arctic Textile Mills Limited has announced that its Board of Directors will convene on Thursday, February 27, 2025, at 11:00 A.M. The meeting is set to take place at the company's registered office located at P-102, Jail Road, Faisalabad. The primary agenda includes the consideration of the condensed interim financial statements for the half-year ending December 31, 2024. Additionally, the board may address other business matters with the chair's permission.

The company has also declared a "Closed Period" starting from February 20, 2025, and concluding on February 27, 2025. This period complies with clause 5.6.4 of the Pakistan Stock Exchange (PSX) Regulations, restricting any dealings in the company's shares by Directors, the Chief Executive Officer, or Executives. This prohibition applies to both direct and indirect transactions.

According to information available from the Pakistan Stock Exchange (PSX), Arctic Textile Mills Limited has instructed the TRE Certificate Holders of the exchange to be informed about the closed period and the forthcoming board meeting. The textile sector, in which Arctic Textile Mills operates, remains a critical component of the market, contributing significantly to the economy.