Faisalabad: Masood Textile Mills Limited has announced that a meeting of its Board of Directors will convene on April 9, 2025, at 11:00 A.M. The meeting will take place at the company’s registered office, Universal House, located on Bilal Road in Faisalabad. The agenda includes the election of the Chairman and Chief Executive Officer, as well as the constitution of Board Committees.

The company has declared a “Closed Period” from April 2 to April 9, 2025. During this time, as mandated by Clause 5.6.4 of the Pakistan Stock Exchange (PSX) Regulations, no Director, CEO, or Executive of Masood Textile Mills Limited is permitted to engage in direct or indirect dealings of the company’s shares.

According to information available from the Pakistan Stock Exchange (PSX), the announcement further instructs the TRE Certificate Holders of the Exchange to be informed of these developments. The designated market category for the company’s shares will remain unaffected during the Closed Period.

The meeting is set to address significant executive roles within the company, potentially influencing its operational strategies and governance structure moving forward.