Faisalabad: Crescent Cotton Mills Limited has scheduled its next Board of Directors meeting for October 29, 2024. The meeting will be held at Faisalabad. The primary agenda for this assembly is to review and approve the unaudited financial statements for the first quarter ended September 30, 2024.
According to information available from the Pakistan Stock Exchange (PSX), Crescent Cotton Mills has also declared a closed period from October 21 to October 29, 2024. During this time, no director, chief executive officer, or executive of the company is permitted to directly or indirectly trade shares of the company.
The designation of this closed period is a routine practice intended to prevent any insider trading during times when significant financial information, which could impact the company’s stock prices, is to be discussed and disclosed.