Bannu Woollen Mills Limited Schedules Board Meeting to Approve Annual Budget

Rawalpindi: Bannu Woollen Mills Limited has announced that its Board of Directors will convene on June 19, 2025, in Rawalpindi. The purpose of the meeting is to consider and approve the company's annual budget for the fiscal year ending June 30, 2026.

In compliance with regulations set by the Pakistan Stock Exchange, the company has declared a "Closed Period" from June 12, 2025, to June 19, 2025, inclusive. During this time frame, no director, CEO, or executive of Bannu Woollen Mills Limited will be allowed to engage in any transactions involving company shares, either directly or indirectly.

According to information available from the Pakistan Stock Exchange (PSX), the scheduled board meeting and the closed period are standard procedures aimed at maintaining transparency and preventing insider trading. The company has communicated these details to TRE Certificate Holders of the Exchange, ensuring adherence to market regulations.

Bannu Woollen Mills Limited operates in the textile sector, focusing on woolen products. The upcoming board meeting is a significant step in charting the company's financial course for the upcoming fiscal year.