Crescent Textile Mills Schedules Board Meeting to Review Annual Audits

Karachi: The Crescent Textile Mills Limited has announced that its Board of Directors will convene a meeting on Tuesday, September 30, 2025, at 11:00 a.m. via video link. The primary agenda for this meeting is the consideration of the Annual Audited Accounts for the fiscal year ending June 30, 2025, which may lead to the declaration of any entitlements.

In compliance with regulatory requirements, the company has instituted a "Closed Period" from September 23, 2025, to September 30, 2025. During this period, as per Clause 5.6.4 of the Pakistan Stock Exchange (PSX) Regulations, no Director, CEO, or Executive of Crescent Textile Mills is permitted to engage in transactions involving the company's shares, either directly or indirectly.

According to information available from the Pakistan Stock Exchange (PSX), the announcement of the closed period is a standard procedure followed by listed companies to prevent insider trading ahead of significant disclosures.

The Crescent Textile Mills has also communicated to the TRE Certificate Holders of the Exchange regarding this closed period. The meeting and subsequent decisions are being closely monitored by stakeholders in the designated market category.