Karachi: Gul Ahmed Textile Mills Ltd. has entered a "Closed Period" starting from October 18, 2024, to October 28, 2024, during which key insiders, including directors and executives, are prohibited from trading company shares. This is in anticipation of a crucial board meeting slated for October 25, 2024, where the company's first quarter results will be discussed.

Scheduled to convene at the Stock Exchange Building on Stock Exchange Road, Karachi, the board of directors will review the financial outcomes for the quarter ended September 30, 2024. According to information available from the Pakistan Stock Exchange (PSX), the imposition of the closed period is a compliance measure under Clause 5.6.1(d) of the PSX Rule Book, designed to prevent any conflicts of interest and maintain market integrity during sensitive financial disclosures.

This protocol ensures that no director, CEO, or executive directly or indirectly engages in share trading of Gul Ahmed Textile Mills during this time, safeguarding against any potential misuse of undisclosed financial information.

TRE Certificate Holders have been duly informed of the closed period, emphasizing the company's adherence to corporate governance standards.