Karachi: Towellers Limited has announced that its Board of Directors will convene on April 28, 2025, at the company's registered office in Karachi. The meeting's agenda includes the discussion, consideration, and approval of the unaudited accounts for the period ending March 31, 2025. The board will also contemplate the declaration of any entitlements.

In compliance with regulatory requirements, Towellers Limited has instituted a "closed period" from April 21, 2025, to April 28, 2025, inclusive. During this time frame, no director, CEO, or executive of the company is permitted to engage in any form of direct or indirect dealings in the company's shares. This measure aligns with Clause 5.6.1 (d) of the Rule Book of the Pakistan Stock Exchange, ensuring adherence to governance protocols.

According to information available from the Pakistan Stock Exchange (PSX), the company has communicated these details to the TRE Certificate Holders of the Exchange. Towellers Limited operates within the designated market category, adhering to prescribed regulations and standards set forth by the exchange.

The forthcoming board meeting is a critical step for Towellers Limited as it seeks approval for its financial statements and potential entitlements, reflecting the company's ongoing financial and operational activities.