Lahore: Hamid Textile Mills Limited has scheduled a Board of Directors meeting on February 24, 2025, at 11:30 am at its registered office in Lahore. The key agenda for the meeting is to review and consider the 2nd Quarterly Report for the period ending December 31, 2024. This session may also include discussions on the declaration of any entitlements for shareholders.
The company has declared a closed period from February 22, 2025, to February 25, 2025, adhering to clause 5.6.1 (d) of the Pakistan Stock Exchange (PSX) regulations. During this time, no director, CEO, or executive of Hamid Textile Mills Limited will be allowed to directly or indirectly deal in the company”s shares. This measure is taken to ensure compliance and maintain market integrity.
According to information available from the Pakistan Stock Exchange (PSX), this closed period is a mandatory requirement designed to prevent insider trading and ensure fair treatment to all market participants. The company”s adherence to these regulations reflects its commitment to transparency and ethical governance.
The company has taken steps to notify the TRE Certificate Holders of the Exchange, ensuring all stakeholders are informed of the upcoming board meeting and the implications of the closed period. This proactive communication is a standard practice within the designated market category and underscores the company”s dedication to maintaining clear and open communication channels with its investors.