Feroze1888 Mills Limited Board Meeting Rescheduled Amid Closed Period

Karachi: Feroze1888 Mills Limited announced a change in the schedule for its Board of Directors meeting, initially set for April 29, 2025. The meeting, which will take place in Karachi, is set to address the quarterly accounts for the period ending March 31, 2025, and consider any declarations of entitlement.

Feroze1888 Mills Limited, a key player in the textile manufacturing sector, has informed its stakeholders that the "Closed Period" will be in effect from April 22 to April 29, 2025. The closed period is mandated under Clause 5.6.1(d) of the Pakistan Stock Exchange (PSX) Regulations, during which time the company's directors, CEO, and executives are prohibited from dealing in the company's shares, either directly or indirectly.

According to information available from the Pakistan Stock Exchange (PSX), Feroze1888 Mills Limited has communicated the rescheduling of the board meeting to TRE Certificate Holders, ensuring compliance with regulatory transparency standards. The adherence to these regulations underscores the company's commitment to maintaining market integrity during the specified closed period.