Karachi: Bhanero Textile Mills Limited has announced that its Board of Directors is set to convene a meeting on April 29, 2025, at the company's registered office in Karachi. The board will deliberate over the unaudited condensed interim financial statements for the nine-month period ending March 31, 2025. The agenda also includes discussions on any potential declarations of entitlement and other corporate actions.
In compliance with the Pakistan Stock Exchange (PSX) Rule Book Clause 5.6.1(d), the company has declared a closed period for trading of its shares. This period restricts directors, the chief executive, and other executives from engaging in direct or indirect share dealings. The closed period commenced on April 22, 2025, and will extend until the conclusion of the board meeting on April 29, 2025.
According to information available from the Pakistan Stock Exchange (PSX), the company's adherence to these regulations ensures transparency and compliance with market norms. The financial community and shareholders have been duly informed of the board meeting schedule and the imposed trading restrictions.