Artistic Denim Mills Limited to Hold Board Meeting to Review Financial Statements

Karachi: Artistic Denim Mills Limited announced that it will hold a meeting of its Board of Directors on April 28, 2025, at its registered office in Karachi. The primary agenda of the meeting is to review the financial statements for the nine-month period ending on March 31, 2025, and to consider the declaration of any entitlements.

The company has implemented a Closed Period, effective from April 21, 2025, to April 28, 2025, as per regulation 5.6.4 of the Pakistan Stock Exchange (PSX). During this period, directors, the Chief Executive Officer, and other executives of the company are prohibited from engaging in the trading of the company's shares in any capacity.

According to information available from the Pakistan Stock Exchange (PSX), the Closed Period is a regulatory requirement to ensure transparency and fairness in the market. This measure is designed to prevent insider trading and to maintain market integrity during the period leading up to significant corporate announcements.

Artistic Denim Mills Limited has communicated this information to the TRE Certificate Holders of the exchange, ensuring all stakeholders are informed about the regulatory compliance and the forthcoming board meeting. The company operates within the textile sector and is actively engaged in the manufacturing and export of denim fabric and garments.