Allawasaya Textile and Finishing Mills Schedules Board Meeting to Review Annual Financial Statements

Multan: The Board of Directors of Allawasaya Textile and Finishing Mills Limited has announced a meeting on October 5, 2024, at its registered office in Multan, to review and approve the company's Annual Audited Financial Statements for the fiscal year ending June 30, 2024.

The company has also declared a Closed Period from September 28, 2024, until the day of the meeting, in accordance with Clause 5.6.4 of the Code of Corporate Governance under the PSX Rule Book. During this period, no director, CEO, or executive is permitted to trade the company’s shares, directly or indirectly.

According to information available from the Pakistan Stock Exchange (PSX), the purpose of the meeting is not only to approve the financial statements but also to discuss other agenda items pertinent to the company's operations and governance.

This designated Closed Period aims to prevent any insider trading or unfair advantage that could be gained from the unpublished financial reports.