Lahore: Khalid Siraj Textile Mills Limited has announced the convening of its Board of Directors' meeting on October 03, 2024, in Lahore, to deliberate and approve the company’s annual accounts for the fiscal year concluded on June 30, 2024. This critical session will focus on financial assessments and strategic directions moving forward.

The company has officially designated a "Closed Period" starting from September 26, 2024, through to the date of the board meeting, in compliance with clause 5.6.4 of the Pakistan Stock Exchange (PSX) Regulations. During this period, all directors, the CEO, and executives are prohibited from trading company shares, ensuring compliance and governance standards are strictly adhered to. According to information available from the Pakistan Stock Exchange (PSX), such measures are mandatory to prevent any insider trading that could affect the stock’s performance during sensitive financial announcements.

This forthcoming meeting is poised to address the financial outcomes and operational progress of the fiscal year, setting the stage for future initiatives. Stakeholders, including TRE Certificate Holders of the Exchange, have been duly informed to align with regulatory requirements and corporate governance practices.