Lahore: Gulshan Spinning Mills Limited has announced that a meeting of its Board of Directors will be convened on June 26, 2025, in Lahore. The meeting aims to establish the number of directors to be elected at the forthcoming general meeting, slated for July 18, 2025.
In adherence to the Code of Corporate Governance, specifically Clause (xxiii) under Listing Regulation No. 35 of the Exchange, Gulshan Spinning Mills Limited has declared a "Closed Period." This period will span from June 19 to June 26, 2025, inclusive of both dates. During this interval, the company's Directors, CEO, and Executives are prohibited from engaging in any transactions involving the company's shares, either directly or indirectly.
According to information available from the Pakistan Stock Exchange (PSX), the company has taken these measures to maintain compliance with regulatory standards, ensuring transparency and fairness in the handling of its shares and governance processes. This step aligns with the company's commitment to uphold corporate governance norms and protect stakeholder interests.