Lahore: Shadab Textile Mills Limited has announced that its Board of Directors will convene on April 10, 2025, to deliberate on the appointment or reappointment of its Chairman and Chief Executive Officer. The meeting is scheduled to take place at 11:30 a.m. at the company’s registered office located at A-601/A, City Towers, 6-K Main Boulevard, Gulberg-II, Lahore.

In compliance with the regulations set forth by the Pakistan Stock Exchange (PSX), Shadab Textile Mills Limited has declared a “Closed Period” from April 3, 2025, until the conclusion of the board meeting on April 10, 2025. During this period, no director, CEO, or executive is permitted to directly or indirectly engage in transactions involving the company’s shares.

According to information available from the Pakistan Stock Exchange (PSX), the announcement of a closed period is a standard practice to maintain transparency and prevent insider trading prior to significant corporate decisions.

The company has informed the TRE Certificate Holders of the Exchange about these developments, ensuring that all stakeholders are aware of the upcoming meeting and the restrictions in place during the closed period.