Karachi: Ali Asghar Textile Mills Limited has announced that a meeting of its Board of Directors is scheduled to be held on April 29, 2025, in Karachi. The primary agenda for the meeting is to consider and review the Quarterly Accounts of the company for the period ending March 31, 2025.
The company has declared a "Closed Period" starting from April 23, 2025, through April 29, 2025. As mandated by Clause 5.6.1(d) of the Pakistan Stock Exchange (PSX) Regulations, this period prohibits any Director, CEO, or Executive from dealing in the company's shares, either directly or indirectly, during this time.
According to information available from the Pakistan Stock Exchange (PSX), the closed period regulations are designed to maintain transparency and ensure that no insider trading occurs during critical financial evaluations.
Members of the Pakistan Stock Exchange have been informed of the closed period and the forthcoming board meeting in compliance with regulatory requirements. The designated market category for Ali Asghar Textile Mills Limited has been duly noted for stakeholders and interested parties.