Karachi: Ali Asghar Textile Mills Limited has scheduled a board meeting to take place on February 28, 2025, at 2:00 PM in Karachi. The agenda for this meeting includes the consideration of the company's quarterly accounts for the period ending December 31, 2024.

In compliance with Clause 5.6.1(d) of the Pakistan Stock Exchange (PSX) Regulations, the company has declared a "Closed Period" from February 22, 2025, to February 28, 2025. During this timeframe, no director, CEO, or executive of Ali Asghar Textile Mills Limited will be allowed to engage in any transactions involving the company's shares, either directly or indirectly.

This announcement is made to ensure adherence to regulatory requirements and to maintain transparency in the trading activities of the company's executives. According to information available from the Pakistan Stock Exchange (PSX), the closed period is a standard practice designed to prevent any potential conflicts of interest or insider trading activities by company insiders.

Members of the stock exchange have been duly informed of this closed period and the upcoming board meeting, which will address the financial performance of Ali Asghar Textile Mills Limited for the last quarter of 2024. The textile industry, in which the company operates, remains a key component of the designated market category on the PSX.