Lahore: Gulistan Spinning Mills Ltd has announced that a meeting of its Board of Directors is scheduled for Thursday, October 29, 2026, to review the financial statements for the first quarter ending September 30, 2026. The meeting will take place at 4:30 PM on the second floor of Garden Heights, 8-Aibak Block, New Garden Town, Lahore.

The company has declared a "Closed Period" from October 22, 2026, to October 29, 2026, inclusive. This period is mandated under Clause (xxiii) of the Code of Corporate Governance, as per Listing Regulation No. 35. During this time, no director, CEO, or executive is permitted to engage in any transactions involving the company's shares, whether directly or indirectly.

According to information available from the Pakistan Stock Exchange (PSX), such closed periods are standard practice in corporate governance to prevent insider trading and ensure transparency during critical financial reviews.

Gulistan Spinning Mills Ltd operates within the designated market category of textile manufacturing. As the board meeting approaches, stakeholders and investors will be keenly observing the outcomes of the financial review and any decisions that may influence the company's future direction.