Lahore: Gulistan Textile Mills Ltd has announced that its Board of Directors will convene a meeting on Wednesday, October 29, 2025, at 1:00 P.M. The meeting is scheduled to take place at the company's headquarters located on the 2nd Floor of Garden Heights, 8-Aibak Block, New Garden Town, Lahore. The primary agenda for the meeting is to review and consider the financial statements for the first quarter, which ended on September 30, 2025.
The company, which operates within the textile sector, has also declared a "Closed Period" in compliance with the Code of Corporate Governance. This period extends from October 22, 2025, to October 29, 2025, inclusive of both days. During this time, no Director, CEO, or Executive is permitted to engage in any transactions involving the company's shares, whether directly or indirectly. This measure is intended to maintain transparency and prevent any potential conflicts of interest during the review of financial statements.
According to information available from the Pakistan Stock Exchange (PSX), Gulistan Textile Mills Ltd is adhering to regulatory requirements outlined in the Listing Regulation No. 35 of the Exchange. This emphasizes the company's commitment to maintaining strict corporate governance standards.
The announcement serves as a reminder to stakeholders and members of the exchange concerning the scheduled board meeting and corresponding closed period.