Lahore: Gulistan Textile Mills Ltd has announced that its Board of Directors will convene for a meeting on Friday, October 9, 2026, at 11:30 A.M. The meeting will be held at the company's office located on the 2nd Floor, Garden Heights, 8-Aibik Block, New Garden Town, Lahore. The primary agenda is to determine the number of directors to be elected at the forthcoming general meeting, scheduled for October 31, 2026.
In compliance with the Code of Corporate Governance, the company has declared a "Closed Period" from October 2, 2026, to October 9, 2026. This announcement is made under Clause (xxiii) of the Listing Regulation No. 35 of the Exchange. During this period, no Director, CEO, or Executive will be permitted to deal in the company's shares, either directly or indirectly.
According to information available from the Pakistan Stock Exchange (PSX), Gulistan Textile Mills Ltd is preparing for a strategic decision-making process as it approaches the election of its board members. The enforcement of the Closed Period is a standard regulatory measure to ensure transparency and prevent insider trading during critical corporate developments.
The upcoming general meeting on October 31, 2026, is expected to play a pivotal role in shaping the leadership and strategic direction of the company. Gulistan Textile Mills Ltd, operating within the textile sector, continues to adhere to corporate governance norms, reflecting its commitment to maintaining investor confidence and regulatory compliance.