Masood Textile Mills Schedules Board Meeting Amidst Share Trading Restrictions

Faisalabad: Masood Textile Mills Limited has announced that its Board of Directors will convene a meeting on April 29, 2025, at the company's registered office in Faisalabad. This meeting is set against the backdrop of a "Closed Period" declared by the company, which spans from April 22 to April 29, 2025.

During this Closed Period, no director, CEO, or executive of Masood Textile Mills is permitted to engage in any form of share trading, either directly or indirectly. This restriction is in compliance with Clause 5.6.4 of the regulations set forth by the Pakistan Stock Exchange.

According to information available from the Pakistan Stock Exchange (PSX), these measures are standard procedures aimed at maintaining the integrity of trading activities and ensuring transparency during periods leading up to significant corporate announcements or decisions.

The company has also communicated the details of this closed period to TRE Certificate Holders of the Exchange, ensuring that all stakeholders are adequately informed of the restrictions in place. This measure is part of the regulated market category protocols that govern trading activities in the country's financial markets.