Karachi: Idrees Textile Mills Limited has announced that it will convene a meeting of its Board of Directors on March 25, 2025, at 11:00 AM in Karachi. The purpose of the meeting is to review the company's half-yearly accounts for the period ending December 31, 2024, and to consider the declaration of any entitlements.
In compliance with regulation 5.6.1(d) of the Pakistan Stock Exchange (PSX), Idrees Textile Mills Limited has declared a closed period from March 18, 2025, to March 25, 2025. During this time, directors, the Chief Executive Officer, and executives are prohibited from dealing in the company's shares, either directly or indirectly.
According to information available from the Pakistan Stock Exchange (PSX), the closed period is a standard regulatory requirement designed to prevent insider trading and ensure transparency ahead of significant announcements.
The company's announcement indicates that the Certificate Holders of the Exchange have been duly informed about the meeting and the closed period. Idrees Textile Mills Limited operates within the textiles sector, a significant category within the market.