Al-Abid Silk Mills Limited Schedules Board Meeting to Approve Annual Accounts

Karachi: Al-Abid Silk Mills Limited has announced that its Board of Directors will convene for a meeting on Thursday, October 01, 2026, at 01:30 PM. The meeting is set to take place at the company's registered office located at A-34/A, 5.I.T.E., Manghopir Road, Karachi. The primary agenda for the meeting is to consider and approve the Annual Audited Accounts for the fiscal year that concluded on June 30, 2026.

In compliance with the regulations set forth by the Pakistan Stock Exchange (PSX), the company has declared a closed period from September 24, 2026, to October 01, 2026. This period is designated under clause 5.6.1 of the PSX regulations, which mandates that no Director, CEO, or Executive of Al-Abid Silk Mills Limited is permitted to engage in any direct or indirect transactions involving the company’s shares during this time.

According to information available from the Pakistan Stock Exchange (PSX), this procedural practice is intended to ensure transparency and fairness in the dissemination of financial information, safeguarding the interests of stakeholders and maintaining market integrity.

The company has communicated these details to the members of the exchange, ensuring that all regulatory obligations are met in anticipation of the forthcoming board meeting.