Faisalabad: The Board of Directors of Ashfaq Textile Mills Ltd. is set to convene a meeting on Wednesday, October 28, 2026, at 10:00 A.M. The meeting, which will take place at the company's registered office located at 17-K.M. Jaranwala Road, Faisalabad, aims to discuss and adopt the quarterly unaudited accounts for the period that ended on September 30, 2026.

The company has declared a "Closed Period," effective from October 22, 2026, to October 28, 2026. During this time frame, no directors, CEOs, or executives are permitted to engage in any transactions involving the company’s shares, either directly or indirectly. This action is in compliance with clause 5.6.4 of the Pakistan Stock Exchange (PSX) Regulations.

According to information available from the Pakistan Stock Exchange (PSX), the implementation of a "Closed Period" is a standard practice aimed at ensuring transparency and preventing insider trading ahead of significant announcements or financial disclosures.

The meeting is an essential part of the corporate governance of Ashfaq Textile Mills Ltd., providing transparency and accountability to stakeholders in the textile sector, a designated market category critical to the region's economy.