Karachi: The Board of Directors of Gadoon Textile Mills Limited convened on April 23, 2025, to discuss the financial results for the period ending March 31, 2025. The meeting, held in Karachi, concluded with the announcement that no interim cash dividends or bonus shares would be distributed for this period.

According to the announcement, the interim cash dividend per share remains at Rs. NIL, maintaining the status quo from previous distributions. Similarly, the proposal to issue bonus shares was also set at NIL shares for every NIL shares held, indicating no alterations to shareholder entitlements.

In addition to the cash and bonus share declarations, the Board also recommended no issuance of right shares at any specified rate or in any proportion. The details confirmed that there would be no impact on bonus shares due to the non-issuance of right shares.

The company's financial statements for the period ending March 31, 2025, are to be disseminated through PUCARS in accordance with the designated market category's guidelines. According to information available from the Pakistan Stock Exchange (PSX), no other corporate actions or entitlements were announced, nor was there any price-sensitive information disclosed during the meeting.

The Board has not indicated any additional entitlements or corporate actions beyond what was already outlined. The financial figures and shareholder entitlements will be available for review once the statements are officially transmitted.