Karachi: Gadoon Textile Mills Limited has announced that its Board of Directors is set to convene on June 13, 2026, to deliberate and approve the company’s budget for the fiscal year ending June 30, 2027. The meeting is scheduled to take place at 3:30 p.m. at the company’s Karachi office.

In compliance with Clause 5.6.4 of the Rule Book of the Exchange, Gadoon Textile Mills has instituted a “Closed Period” starting from June 6, 2026, through June 13, 2026. During this interval, no dealings in the company’s shares by any Director, CEO, or Executive, whether directly or indirectly, are permitted. This measure aims to ensure adherence to regulatory requirements and maintain transparency in the company’s financial practices.

According to information available from the Pakistan Stock Exchange (PSX), the announcement of a Closed Period is a standard procedure in the market to prevent insider trading and maintain market integrity. Stakeholders and TRE Certificate Holders of the Exchange have been duly notified to ensure awareness and compliance.

The forthcoming board meeting signifies a pivotal step for Gadoon Textile Mills as it strategizes for the upcoming financial year. The company, a significant player in the textile sector, continues to align its operations with market regulations while aiming for financial prudence and growth.