Karachi: D.M. Textile Mills Limited has scheduled a board meeting for October 28, 2024, to discuss the un-audited financial results for the first quarter that ended on September 30, 2024. The meeting is set to take place at the company's registered office in Westridge Industrial Area, Rawalpindi.

According to information available from the Pakistan Stock Exchange (PSX), D.M. Textile Mills has also declared a close period from October 21, 2024, to October 28, 2024. During this time, no director, chief executive officer, or executive shall engage directly or indirectly in any share dealings of the company, as stipulated under Clause 5.6.4 of the PSX Rule Book.

This announcement aims to ensure compliance with exchange regulations and maintain transparency during the financial review process. The close period is a standard practice intended to prevent any insider trading or conflicts of interest before the public release of financial data.

Additionally, the company has informed the TRE Certificate Holders of the upcoming board meeting and the specifics of the close period.

D.M. Textile Mills has communicated this information through an official letter to the General Manager of the Pakistan Stock Exchange Ltd in Karachi, ensuring all procedural requirements are met.