Karachi: Globe Textile Mills Limited has announced a meeting of its Board of Directors scheduled for June 19, 2025, in Karachi. The primary agenda of the meeting will be to review and consider the third quarter accounts for the period ending March 31, 2024.

In accordance with regulatory compliance, the company has declared a "Closed Period" from June 12, 2025, to June 19, 2025. During this period, no director, CEO, or executive of Globe Textile Mills Limited will be permitted to engage directly or indirectly in trading shares of the company. This closed period is a standard practice aimed at preventing any potential conflicts of interest or insider trading activities.

According to information available from the Pakistan Stock Exchange (PSX), Globe Textile Mills Limited has adhered to all necessary guidelines regarding the announcement and execution of the closed period. The PSX operates within the designated market category, ensuring transparency and fairness in trading practices.

The company's management has requested that its members be duly informed about the scheduled meeting and the imposed closed period. This announcement underscores Globe Textile Mills Limited's commitment to maintaining corporate governance standards and ensuring compliance with regulatory frameworks.