Karachi: Eroze1888 Mills Limited has announced that its Board of Directors will convene a meeting on September 2, 2025, to deliberate on the approval of the budget for the fiscal year 2025-26. The meeting is scheduled to take place at 5:00 p.m. in Karachi.

The company has declared a Closed Period from August 26, 2025, to September 2, 2025. During this time, in compliance with Clause 5.6.4 of the Pakistan Stock Exchange (PSX) Regulations, no Director, Chief Executive Officer, or Executive of Eroze1888 Mills Limited is permitted to engage in any form of trading involving the company’s shares.

According to information available from the Pakistan Stock Exchange (PSX), the adherence to such Closed Periods is a standard regulatory procedure aimed at maintaining market integrity and ensuring that company insiders do not engage in trading activities that could potentially take advantage of undisclosed information.

Eroze1888 Mills Limited operates within the designated market category of textiles, a sector known for its significant contribution to the country's exports. The upcoming board meeting is expected to focus on strategic financial planning and allocation of resources for the upcoming fiscal year, critical components for sustaining the company’s operations and competitive standing in the market.

The company has informed the TRE certificate holders of the exchange about the Closed Period and the scheduled board meeting, ensuring that all stakeholders are adequately apprised of the proceedings.