Lahore: Prosperity Weaving Mills Limited has announced that its Board of Directors will convene a meeting on April 29, 2025, in Lahore. The primary agenda for the meeting is to review and consider the company's quarterly accounts for the period ending March 31, 2025, and to discuss the declaration of any entitlements.
In line with regulatory requirements, the company has instituted a Closed Period from April 22 to April 29, 2025. During this time, no Director, Chief Executive Officer, or Executive of the company will be permitted to engage in any direct or indirect transactions involving the company's shares. This restriction is in accordance with section 5.6.1(d) of the Pakistan Stock Exchange (PSX) Regulations.
According to information available from the Pakistan Stock Exchange (PSX), the company has advised the TRE Certificate Holders of the Exchange regarding these developments. The information pertains to the designated market category as defined by the PSX.
The meeting will be a significant event for shareholders and stakeholders who are keenly anticipating the company's financial performance and any potential entitlements that may be declared.