Lahore: Suraj Cotton Mills Limited has announced that its Board of Directors will convene on April 7, 2025, to deliberate the appointment of a new Chairman and Chief Executive Officer, as per a notice released by the company. The meeting is set to take place at the Tricon Corporate Center located in Lahore, utilizing a video link via Zoom for remote participation.

The company has initiated a “Closed Period” starting from March 28, 2025, to April 7, 2025, in compliance with Clause 5.6.1(d) of the Pakistan Stock Exchange (PSX) Regulations. During this period, no Director, CEO, or Executive of Suraj Cotton Mills Limited is permitted to engage in transactions involving the company’s shares, whether directly or indirectly.

According to information available from the Pakistan Stock Exchange (PSX), the meeting will focus on leadership appointments, which are critical for guiding the company’s future directions and strategies. The decision to hold the meeting via video conferencing underscores the company’s adherence to modern communication methods while ensuring the involvement of all board members.

The company has instructed that the TRE Certificate Holders of the Exchange be informed of these developments, reflecting the procedural transparency required by the exchange. Suraj Cotton Mills Limited operates within the textile manufacturing sector, which is a significant component of the region’s industrial activity.