Ali Asghar Textile Mills Limited Board Meeting Scheduled Amid Closed Period

Karachi: Ali Asghar Textile Mills Limited has announced that its Board of Directors will convene for a meeting on October 30, 2026, at 2:00 PM in Karachi. The meeting is set to address the company's quarterly accounts for the period ending September 30, 2026. The textile company operates within the designated market category, crucial for its stakeholders.

In compliance with the requirements stipulated by the Pakistan Stock Exchange (PSX), the company has declared a "Closed Period" from October 24, 2026, to October 30, 2026, inclusive of both dates. During this time, no Director, CEO, or Executive of Ali Asghar Textile Mills Limited is permitted to engage in share dealings, either directly or indirectly. This measure aligns with Clause 5.6.1(d) of the PSX Regulations, ensuring transparency and adherence to regulatory standards.

According to information available from the Pakistan Stock Exchange (PSX), such closed periods are standard practice to prevent any insider trading that could affect the integrity of the market. The forthcoming board meeting and the associated financial disclosures are expected to provide insights into the company's performance and strategic direction.