Lahore: Gulshan Spinning Mills Limited has announced a forthcoming meeting of its Board of Directors. Scheduled for Saturday, 5th October 2024, the meeting will take place at 3:00 PM on the 2nd floor of Garden Heights, located in the 8-Aibak Block of New Garden Town, Lahore. The primary agenda for this gathering will be to review and consider the annual audited accounts for the fiscal year that concluded on 30th June 2024.
In accordance with the corporate governance practices mandated by the Listing Regulation No. 35 of the Exchange, Gulshan Spinning Mills has entered a "Closed Period" starting from 28th September 2024 to 5th October 2024. During this time, directors, CEOs, or executives are prohibited from buying or selling company shares. According to information available from the Pakistan Stock Exchange (PSX), this measure ensures no insider trading occurs prior to the disclosure of the company's annual financial results.
Members of the Pakistan Stock Exchange are advised to take note of these developments and refrain from any trading activities involving the shares of Gulshan Spinning Mills during the closed period. This adherence to regulatory requirements is aimed at maintaining market integrity and shareholder trust.