Gul Ahmed Textile Mills Ltd Announces Board Meeting and Closed Period

Business & Finance

Karachi: Gul Ahmed Textile Mills Ltd has scheduled its Board of Directors meeting for September 25, 2024. The meeting, set to take place in Karachi and accessible through video link, will focus on reviewing the Annual Audited Accounts for the fiscal year ending June 30, 2024, and on deciding any potential entitlements.

The Company has also instituted a 'Closed Period' from September 18, 2024, to September 26, 2024, during which no director, CEO, or executive will be permitted to trade company shares. This period adheres to Clause 5.6.1(d) of the Rule Book of the Pakistan Stock Exchange Limited.

According to information available from the Pakistan Stock Exchange (PSX), the designated market category for this announcement pertains to board governance and compliance regulations regarding share dealings during sensitive financial review periods.