Yousaf Weaving Mills Limited Announces Board Meeting Amid Close Period

Lahore: Yousaf Weaving Mills Limited has announced that its Board of Directors will convene a meeting on October 30, 2026, to deliberate on the company’s financial accounts for the period ending September 30, 2026. The meeting will take place at 11:00 am at the company's office located at 7/1, E-3, Main Boulevard Gulberg-III, Lahore, according to a report dated October 21, 2026.

In line with regulatory compliance, the company has declared a "Close Period" from October 23, 2026, to October 30, 2026. During this time, no director, CEO, or executive is permitted to engage in the trading of the company's shares, directly or indirectly, as stipulated under clause 5.19.15 of the PSX's rule book.

According to information available from the Pakistan Stock Exchange (PSX), the enforcement of such measures is a standard practice to prevent insider trading and ensure transparency before the release of financial statements.

Yousaf Weaving Mills Limited operates within the designated market category, focusing on the textile sector. The upcoming board meeting is expected to provide insights into the company’s financial health and strategic direction for the upcoming quarters.