Karachi: Crescent Fibres Limited has announced a Board of Directors meeting scheduled for February 27, 2025, at 11:30 a.m. The meeting will be held at the company's Karachi office, located on the 7th floor of Lakson Square #3, Sarwar Shaheed Road. The primary agenda for the meeting is to consider and approve the second-quarter accounts for the period ending December 31, 2024, along with other related matters.
According to information available from the Pakistan Stock Exchange (PSX), Crescent Fibres Limited has imposed a closed period in compliance with clause 5.6.1 (d) of PSX Regulation. The closed period commenced on February 20, 2025, and will continue until the conclusion of the meeting on February 27, 2025. During this time, no director, chief executive, or executive of the company is permitted to deal in the company's shares, either directly or indirectly.
Crescent Fibres Limited operates under the designated market category relevant to its industry. The upcoming board meeting is expected to address the financial performance of the company for the second quarter, providing insights into its fiscal health and strategic direction.