Lahore: Gulistan Textile Mills Ltd has announced the convening of a board meeting aimed at reviewing the financial statements for the first quarter ending on September 30, 2026. The meeting is set to take place on Thursday, October 29, 2026, at 4:45 p.m., at the company's office located on the 2nd Floor, Garden Heights, 8-Aibak Block, New Garden Town, Lahore.
In adherence to regulatory requirements, the company has declared a "Closed Period" starting from October 22, 2026, and ending on October 29, 2026. This period is mandated under Clause (xxiii) of the Code of Corporate Governance, as stipulated in Listing Regulation No. 35 of the Exchange. During the closed period, no transactions involving the company's shares are permitted by directors, the CEO, or any executives, whether directly or indirectly.
According to information available from the Pakistan Stock Exchange (PSX), the announcement of such a closed period aligns with standard governance practices, ensuring transparency and preventing insider trading ahead of significant financial disclosures.
Gulistan Textile Mills Ltd is categorized under the textile sector in the designated market category. The company's forthcoming board meeting will be crucial as it will provide insights into its financial health for the first quarter of the fiscal year 2026-2027.