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.