Karachi: Ahmad Hassan Textile Mills Limited has announced a Board of Directors meeting scheduled for October 5, 2024, at the company’s registered office. The primary agenda will be to review and approve the Annual Accounts for the period ending June 30, 2024, along with the declaration of any entitlements.

As part of its regulatory compliance, AHTM has declared a "closed period" from September 28, 2024, to October 5, 2024, as mandated under Clause 5.6.4 of the Pakistan Stock Exchange's (PSX) Rules Book. During this closed period, the company’s directors, CEO, and executives are prohibited from trading in the shares of AHTM, either directly or indirectly.

According to information available from the Pakistan Stock Exchange (PSX), the enforcement of this closed period is a standard procedure aimed at preventing insider trading and ensuring fair market practices. The company has taken measures to notify the TRE Certificate Holders of the Exchange regarding this meeting and the associated trading restrictions.

The outcomes of this upcoming meeting are anticipated to provide clarity on the company’s financial position and any potential dividends or share allocations for its stakeholders.