Karachi: Ali Asghar Textile Mills Limited has announced a board meeting scheduled for October 29, 2024, to review the company's quarterly accounts for the period ending September 30, 2024.

The meeting, vital for assessing the company's financial performance over the past quarter, will take place in Karachi. This session will provide the directors an opportunity to scrutinize the financial details and make informed decisions moving forward.

According to information available from the Pakistan Stock Exchange (PSX), the company has also declared a "Closed Period" from October 23, 2024, to October 30, 2024. During this time, no director, CEO, or executive is permitted to buy or sell company shares. This restriction, as stipulated under Clause 5.6.1(d) of the PSX Regulations, is intended to prevent any insider trading prior to the public release of the financial results.

Allstar Textile Mills Limited has communicated this information to ensure compliance with PSX regulations and maintain transparency with its stakeholders.