Lahore: Service Industries Textiles Ltd has announced that its Board of Directors will convene on October 6, 2026, to review and approve the company's financial statements for the fiscal year ending June 30, 2026. The meeting is set to take place at the company's Registered Office located on 38-Empres Road, Lahore, at 12:30 p.m.
According to information available from the Pakistan Stock Exchange (PSX), Service Industries Textiles Ltd has also implemented a closed period for its directors and senior executives. This measure, which prohibits any trading of the company's shares by insiders, will be in effect from September 29, 2026, to October 6, 2026, inclusive. This is in compliance with clause 5.6.1 (d) of the Code of Corporate Governance as specified in the Rule Book of the Exchange.
The meeting aims to provide the board with an opportunity to scrutinize the financial performance of the company and make any necessary approvals before the financial statements are disclosed to the public. This procedural step is part of the company's commitment to maintaining transparency and accountability in its financial dealings, as per the market regulations.