Karachi: Suhail Jute Mills Limited has announced an upcoming board meeting, scheduled for February 27, 2025, at 3:30 PM, in accordance with the Provisions of Regulation Nos. 12.1.1, 12.2.1, and 12.4.1 of the CDC Regulations. The meeting is set to consider the company’s half-yearly results.

The company has notified stakeholders that the share transfer books will be closed from February 20, 2025, to February 27, 2025. This closed period aligns with Regulation No. 1211, which ensures that no share transfers can occur during this timeframe.

According to information available from the Pakistan Stock Exchange (PSX), the board meeting will not involve statutory notices or the allotment of bonus securities. The board of directors has not recommended any entitlements, as per Regulation 12.4.1.

The disclosure regarding the closed period was made following Clause xxiii of the Code of Corporate Governance. This information has been communicated to the directors and the stock exchanges to ensure compliance and transparency within the designated market category.