Crescent Textile Mills Announces Closed Period for Upcoming Board Meeting

Karachi: The Crescent Textile Mills Limited has announced a closed period in anticipation of its upcoming board meeting, scheduled to take place on May 25, 2026. The board meeting will be conducted via video link at 11:00 a.m. to discuss matters unrelated to financial results.

The company has declared a closed period starting from May 18, 2026, ending on May 25, 2026, inclusive of both days. During this time, as per Clause 5.6.4 of the Pakistan Stock Exchange (PSX) Regulations, no directors, the CEO, or executives are permitted to engage in any direct or indirect dealings in the company’s shares.

According to information available from the Pakistan Stock Exchange (PSX), such closed periods are standard regulatory practices to prevent any potential insider trading and ensure transparency in stock market operations.

The Crescent Textile Mills Limited has issued a notice to inform the TRE Certificate Holders of the Exchange of this regulatory action. The company’s proactive measures highlight its commitment to adhering to stock market regulations and maintaining market integrity.

The textile firm, categorized under the designated market category, remains focused on its governance practices as it prepares for the forthcoming board meeting.