Lahore: Ellcot Spinning Mills Limited has announced that its Board of Directors will convene a meeting on April 29, 2025, in Lahore to review the company's quarterly accounts for the period ending March 31, 2025. The meeting aims to consider the declaration of any entitlement related to the company's financial performance.
The company has instituted a Closed Period from April 22, 2025, to April 29, 2025, in compliance with the Pakistan Stock Exchange (PSX) Regulation 5.6.1(d). During this time, no Director, Chief Executive Officer, or Executive will be permitted, either directly or indirectly, to engage in trading the company's shares.
According to information available from the Pakistan Stock Exchange (PSX), the notification of the Closed Period is part of the regulatory requirements to ensure transparency and prevent insider trading in the market.
Ellcot Spinning Mills Limited has advised the TRE Certificate Holders of the Exchange to be informed of these developments. The company's forthcoming board meeting and the adherence to the Closed Period regulations are of particular interest to stakeholders in the designated market category.