Din Textile Mills Limited’s Board Meeting to Review Annual Accounts and Potential Entitlement Declaration

Karachi, Din Textile Mills Limited, a notable name in the textile industry, has officially announced that its Board of Directors will convene for a significant meeting. This meeting is scheduled to take place on September 28, 2023, in Karachi, and its central focus will be the deliberation of the Annual Accounts for the fiscal year concluding on June 30, 2023. The meeting will also explore the possibility of declaring any entitlement to shareholders.

In strict adherence to regulatory requirements, as specified under clause No. 5.6. (d) of the PSX Regulations, Din Textile Mills Limited has officially declared a "Closed Period" spanning from September 22, 2023, to September 28, 2023. During this designated Closed Period, all members of the Board, including Directors, the CEO, and company Executives, are prohibited from participating in any form of direct or indirect trading involving the company's shares.

The upcoming Board meeting is of considerable significance to Din Textile Mills Limited, its valued shareholders, and stakeholders. It provides a crucial platform for a comprehensive review of the Annual Accounts, thereby offering important insights into the company's financial performance and overall health for the specified reporting period.

Din Textile Mills Limited remains steadfast in its commitment to transparency and unwavering compliance with all regulatory frameworks governing its operations. Shareholders and stakeholders alike will be closely following the outcomes of the Board meeting, which will be disclosed promptly after the meeting's conclusion, underscoring the company's dedication to transparency and regulatory adherence.

Gammon Pakistan Limited Reschedules Board Meeting to October 4th

Karachi, Gammon Pakistan Limited has announced the rescheduling of its upcoming Board of Directors meeting, originally slated for September 25, 2023. The meeting, which was intended to discuss the annual financials for the 4th quarter ending June 30, 2023, and any related entitlements, will now take place on October 4, 2023, at 11:00 AM in Rawalpindi.

To accommodate this change, the company has also declared a "Closed Period" extending from September 27, 2023, to October 4, 2023. During this time, insiders, employees, and other relevant parties are prohibited from trading the company's shares to ensure the integrity and fairness of the financial information discussed during the meeting.

The decision to reschedule the board meeting may have been influenced by various factors, including the need for additional time for financial preparations, or scheduling conflicts among board members. Gammon Pakistan Limited remains committed to transparent and responsible corporate governance practices and aims to provide accurate and comprehensive financial information during the upcoming meeting on October 4th, 2023.

Crescent Modaraba Management to Convene Board Meeting on September 28 for Annual Accounts Review

Karachi, Crescent Modaraba Management Company Limited, the management entity overseeing First Elite Capital Modaraba, has officially announced the scheduling of a crucial Board of Directors meeting. This meeting is slated to take place on September 28, 2023, in Lahore, and its primary purpose is to deliberate on the Annual Accounts for the fiscal period ending on June 30, 2023. The meeting will also explore the potential declaration of entitlements.

In strict adherence to regulatory mandates outlined in Clause 5.6.1(d) of the PSX Regulations, Crescent Modaraba Management Company Limited has formally declared a "Closed Period," effective from September 21, 2023, to September 28, 2023. During this stipulated Closed Period, all members of the Board, including Directors, the CEO, and company Executives, are prohibited from participating in any form of direct or indirect transactions involving the Modaraba Certificates.

The upcoming Board meeting holds significant importance for Crescent Modaraba Management Company Limited, its valued Modaraba Certificate holders, and stakeholders. It serves as a pivotal platform for the comprehensive review of the Annual Accounts, offering crucial insights into the Modaraba's financial performance and overall health for the specified reporting period.

Crescent Modaraba Management Company Limited remains unwavering in its commitment to transparency and steadfast compliance with all regulatory frameworks governing its operations. Shareholders and stakeholders will be keenly awaiting the outcomes of the Board meeting, which will be disclosed promptly after the meeting's conclusion, reaffirming the company's dedication to transparency and regulatory adherence.

Power Cement Limited Board Meeting Scheduled to Discuss Annual Accounts and Entitlement Declaration

Karachi, Power Cement Limited has announced that a significant board meeting of its Board of Directors is scheduled to take place on September 28, 2023. The primary agenda of this meeting is to deliberate upon the Annual Accounts for the period ended June 30, 2023, with a focus on the potential declaration of entitlements.

In line with standard corporate governance practices, the company has declared a Closed Period from September 21, 2023, to September 28, 2023. During this Closed Period, insiders, including board members, officers, and other relevant personnel, are prohibited from trading in the company's shares. This restriction is intended to prevent any misuse of non-public financial information and ensure fairness and transparency in the market.

The Annual Accounts for the period ending on June 30, 2023, are of particular significance to Power Cement Limited as they reflect the company's financial performance and provide insights into its overall health and stability. The Board of Directors will assess the financial statements in detail to make informed decisions regarding the declaration of entitlements for shareholders.

The declaration of entitlements can encompass dividends, bonus shares, or other forms of returns to the company's shareholders. The decision made during this board meeting will have a direct impact on the company's investors and stakeholders.

Power Cement Limited has a strong history of ensuring transparency and accountability in its operations, and this board meeting is another step in that direction. The company remains committed to enhancing shareholder value and fostering trust among its investors.

The outcome of the board meeting and any subsequent announcements regarding entitlements will be eagerly awaited by the company's shareholders and the financial community. Power Cement Limited's adherence to best corporate practices and its commitment to delivering value to its investors continue to solidify its position in the industry.

The Searle Company Limited to Convene Board Meeting for Approval of Audited Financial Statements

Karachi, The Searle Company Limited, a prominent player in the pharmaceutical and healthcare industry, has announced the upcoming convening of its Board of Directors meeting. This crucial meeting is scheduled for September 28, 2023, in Karachi and will also take place via videoconferencing. The primary agenda of this meeting is the review and approval of the separate and consolidated audited financial statements of the company for the fiscal year ending on June 30, 2023. Additionally, the meeting will deliberate on the potential declaration of entitlements.

In strict compliance with the regulatory framework outlined in clause 5.6.4 of the Rule Book of the Exchange, The Searle Company Limited has officially declared a "Closed Period," which will be effective from September 22, 2023, to September 28, 2023, both days inclusive. During this designated Closed Period, all members of the Board, including Directors, the CEO, and company Executives, are prohibited from engaging in any form of direct or indirect trading involving the shares of the company.

The forthcoming Board meeting holds significant importance for The Searle Company Limited, its shareholders, and stakeholders. It serves as a pivotal platform for the comprehensive review, discussion, and eventual approval of the audited financial statements, which will provide crucial insights into the company's financial performance and overall health for the specified reporting period.

The Searle Company Limited remains steadfast in its commitment to transparency and adherence to regulatory guidelines governing its operations. The outcomes of the Board meeting will be disclosed promptly after its conclusion, demonstrating the company's dedication to transparency and regulatory compliance. Shareholders and stakeholders will eagerly await the results of this meeting, as it plays a vital role in shaping the future of the company and its financial outlook.

Kohinoor Industries Limited Board to Convene Meeting for Annual Accounts and Entitlement Declaration

Karachi, Kohinoor Industries Limited has announced that a meeting of the Board of Directors is scheduled to take place on September 28, 2023, at 11:00 AM in Lahore. The primary agenda of the meeting is to deliberate on the company's Annual Accounts for the period ending on June 30, 2023, with a focus on the potential declaration of entitlements for its stakeholders.

To facilitate this crucial meeting, the company has instituted a Closed Period, effective from September 22, 2023, through September 28, 2023. During this period, insiders and stakeholders are expected to refrain from trading in the company's shares to ensure fairness and transparency in the decision-making process.

The meeting holds significant importance for both the company and its shareholders, as the deliberations will have far-reaching implications on the financial outlook and entitlements for the fiscal year in question. Kohinoor Industries Limited continues to uphold its commitment to maintaining high corporate governance standards and fostering trust among its investors.

Stay tuned for updates on the outcomes of this pivotal Board meeting as Kohinoor Industries Limited navigates its financial roadmap for the year ending on June 30, 2023.

Kohat Textile Mills Limited to Convene Board Meeting for Annual Audited Accounts Review

Karachi, Kohat Textile Mills Limited, a prominent name in the textile industry, has announced the scheduling of a vital Board of Directors meeting. This meeting is set to take place on September 28, 2023, in Islamabad, and it holds paramount significance as it aims to deliberate on the Annual Audited Accounts for the fiscal year concluding on June 30, 2023. Additionally, the meeting will explore the potential declaration of entitlements.

In strict compliance with the regulatory provisions stipulated in Clause 5.6.4 of the PSX Regulations, Kohat Textile Mills Limited has officially declared a "Closed Period." This Closed Period will be in effect from September 21, 2023, to September 28, 2023, both days inclusive. During this designated Closed Period, all members of the Board, including Directors, the CEO, and company Executives, are barred from engaging in any form of direct or indirect trading involving the shares of the company.

The upcoming Board meeting holds critical importance for Kohat Textile Mills Limited, its shareholders, and stakeholders. It serves as a pivotal platform for the comprehensive review of the Annual Audited Accounts, offering crucial insights into the company's financial performance and overall health for the specified reporting period.

Kohat Textile Mills Limited remains steadfast in its commitment to transparency and adherence to regulatory guidelines governing its operations. Shareholders and stakeholders will be keenly awaiting the outcomes of the Board meeting, which will be disclosed promptly after the meeting's conclusion, reaffirming the company's dedication to transparency and regulatory compliance.

Pakistan International Bulk Terminal Limited Board to Convene Meeting for Non-Financial Matters

Karachi, the Pakistan International Bulk Terminal Limited (PIBTL) has disclosed that a special meeting of the Board of Directors is scheduled for September 28, 2023, in Karachi. The meeting's agenda primarily focuses on matters unrelated to financial results, marking a departure from the usual financial discussions that dominate such gatherings.

As a standard practice preceding board meetings, PIBTL has declared a "Closed Period" from September 21, 2023, until September 28, 2023. During this period, the company's insiders, including board members and key executives, are prohibited from trading the company's shares to ensure a level playing field and prevent any potential conflicts of interest.

While the specifics of the non-financial matters to be addressed during the board meeting have not been disclosed, the decision to convene a meeting centered on such topics suggests that PIBTL may be embarking on strategic initiatives, corporate governance matters, or other significant developments that warrant the board's attention.

Investors and stakeholders will keenly await the outcome of the meeting as it could potentially shed light on the company's future direction and growth prospects. The decision to keep the closed period in place until September 28 indicates that PIBTL is taking measures to ensure transparency and compliance with regulatory guidelines during this period of heightened sensitivity.

Saif Textile Mills Limited Calls Board Meeting to Discuss Agenda Beyond Financial Results

Karachi, Saif Textile Mills Limited, a prominent player in the textile industry, has announced the convening of a Board of Directors meeting. This significant meeting is scheduled to take place on September 28, 2023, in Islamabad. Unlike routine meetings focused on financial results, this session is set to deliberate on a broader agenda, encompassing various strategic matters.

In strict adherence to the regulatory guidelines outlined in Clause 5.6.4 of the PSX Regulations, Saif Textile Mills Limited has officially declared a "Closed Period." This Closed Period is in effect from September 21, 2023, to September 28, 2023, both days inclusive. During this designated Closed Period, all members of the Board, including Directors, the CEO, and company Executives, are prohibited from engaging in any form of direct or indirect trading involving the shares of the company.

While the specific agenda of the upcoming Board meeting remains undisclosed, its focus on matters beyond financial results indicates that the company may be considering strategic decisions, corporate initiatives, or other significant undertakings. Such meetings often play a pivotal role in shaping the future direction of the company and its long-term goals.

Saif Textile Mills Limited maintains a commitment to transparency and adherence to regulatory guidelines governing its operations. Shareholders and stakeholders will be eagerly anticipating the outcomes of this Board meeting, which will be disclosed promptly after its conclusion. This announcement reaffirms the company's dedication to transparency and regulatory compliance, as it strives to make informed and strategic decisions in the best interest of all stakeholders.

Cordoba Logistics and Ventures Limited to Hold Board Meeting for Annual Accounts Consideration

Karachi, Cordoba Logistics and Ventures Limited has officially announced that a crucial meeting of its Board of Directors is scheduled for September 28, 2023. The primary agenda for this meeting will be the review and consideration of the company's Annual Accounts for the period ending June 30, 2023, with a focus on potential entitlement declarations.

To maintain transparency and compliance with regulatory guidelines, the company has declared a Closed Period from September 21, 2023, to September 28, 2023. During this period, trading in the company's shares will be restricted, ensuring that no insider information is unfairly used to gain a trading advantage.

This board meeting holds significant importance for shareholders and stakeholders, as it will provide insights into the company's financial performance over the past fiscal year. The decision regarding entitlements will also have a direct impact on the company's dividend distribution and the financial well-being of its investors.

Cordoba Logistics and Ventures Limited continues to be a prominent player in the logistics and ventures sector, and its financial decisions are closely monitored by investors and industry experts alike. The company's commitment to maintaining the highest standards of corporate governance is reflected in its adherence to closed period regulations and timely disclosure of important meetings.

As the meeting approaches, investors are eager to learn about the company's financial health and the potential entitlements that may be declared. Cordoba Logistics and Ventures Limited remains dedicated to transparency and ensuring that all shareholders are well-informed about its operations and financial performance.

Investors and stakeholders will be eagerly awaiting the outcome of the board meeting, which has the potential to shape the future financial prospects of Cordoba Logistics and Ventures Limited.

Interloop Limited Announces 31st Annual General Meeting Agenda

Karachi, Interloop Limited, a leading textile manufacturing company, has officially announced the agenda for its 31st Annual General Meeting (AGM), scheduled to take place on Friday, October 13, 2023, at 10:00 a.m. in Faisalabad.

The AGM will address several key matters, including routine business procedures and important decisions that will shape the company's future. The agenda for the meeting includes the following items:

1. Confirmation of Previous AGM Minutes: The first order of business will be to confirm the minutes of the 30th Annual General Meeting held on October 18, 2022.

2. Financial Matters: Shareholders will receive, consider, and adopt the Annual Audited Financial Statements of the company for the fiscal year ending on June 30, 2023. These statements will be presented alongside the Auditors' and Directors' Report, as well as the Chairman's Review Report.

3. Dividend Approval: Shareholders will vote on the approval of a final cash dividend of 20%, equivalent to Rs. 2 per share, for the fiscal year ending June 30, 2023. This dividend has been recommended by the Board of Directors.

4. Appointment of Auditors: The AGM will also decide on the appointment of auditors for the financial year 2023-24. The Audit Committee and the Board of Directors have recommended the re-appointment of M/s Kreston Hyder Bhimji & Company, Chartered Accountants, as auditors of the company.

5. Director Elections: Shareholders will elect nine directors in accordance with Section 159(1) of the Companies Act, 2017. The newly elected directors will serve a three-year term starting from October 22, 2023. Names of the retiring directors eligible for re-election are provided, and shareholders will decide on their continuation.

Share Transfer Book Closure:

Additionally, it has been announced that the Share Transfer Books of Interloop Limited will be closed from October 06, 2023, to October 13, 2023 (inclusive). Shareholders who wish to attend the AGM or be eligible for dividend entitlements are advised to submit their transfer requests on the prescribed format to the office of the Share Registrar of the Company, M/s. CDC Share Registrar Services Limited, located in Karachi-74400, by the close of business on October 05, 2023.

Interloop Limited invites all eligible shareholders to participate in the 31st AGM to ensure their voices are heard and important decisions are made in the best interest of the company and its stakeholders.

Image Pakistan Limited Board to Review Annual Accounts in Upcoming Meeting

Karachi, The Board of Directors of Image Pakistan Limited is scheduled to convene a crucial meeting on September 28, 2023, to deliberate upon the company's Annual Accounts for the fiscal period ending on June 30, 2023. The primary agenda for this meeting includes the possibility of declaring any entitlement for the shareholders.

In light of this impending board meeting, the company has officially declared a "Closed Period" starting from September 21, 2023, and extending through to September 28, 2023. During this period, insiders, employees, and related individuals will be restricted from trading the company's shares. This move is aimed at ensuring fair and transparent trading practices and avoiding any potential conflicts of interest ahead of the important board meeting.

The annual review of financial accounts is a customary procedure for publicly-traded companies like Image Pakistan Limited, providing shareholders and investors with a comprehensive overview of the company's financial performance, liabilities, and assets. The outcome of the meeting, including any declarations regarding entitlement, will be of significant interest to the company's stakeholders.

Image Pakistan Limited has consistently strived to maintain high standards of corporate governance and transparency in its operations. The forthcoming board meeting underscores the company's commitment to upholding these principles and ensuring the equitable treatment of all shareholders.

Shareholders, analysts, and industry experts eagerly anticipate the results of the board meeting and the subsequent announcements regarding the company's financial performance. The outcome will undoubtedly have an impact on the company's stock price and the overall sentiment of the financial market.

Image Pakistan Limited remains dedicated to its mission of delivering value to its shareholders while adhering to the highest ethical and corporate standards. The results of the board meeting will be closely watched, and further details will be made available following the meeting's conclusion on September 28, 2023.