Faisalabad: Asim Textile Mills Ltd. has scheduled a Board of Directors meeting for October 7, 2024, to review the annual audited accounts for the fiscal year that concluded on June 30, 2024. The meeting will take place at the company's headquarters in Faisalabad.

According to information available from the Pakistan Stock Exchange (PSX), the company has also declared a "Closed Period" from September 27, 2024, to October 7, 2024. This measure is in compliance with clause 5.6.1(d) of the PSX Rule Book under the Code of Corporate Governance, which prohibits directors, CEOs, and executives from dealing in the company’s shares during this period. The restriction is intended to prevent any potential misuse of undisclosed financial information.

The forthcoming board meeting is critical as it will determine the financial outcomes and strategies moving forward based on the audited results of the past year.