Khalid Siraj Textile Mills Limited Schedules Board Meeting Amid Share Trading Suspension

Lahore: Khalid Siraj Textile Mills Limited announced its upcoming Board of Directors meeting, scheduled for Friday, March 21, 2025, at 09:30 a.m. The meeting will take place at the company's registered office located at 135-Upper Mall, Lahore. The primary agenda of the meeting is to determine the number of directors for the forthcoming election of the company's board.

The company has also declared a closed period from March 14, 2025, to March 21, 2025, inclusive. During this period, as stipulated by Clause 5.6.1. (d) of the Pakistan Stock Exchange (PSX) regulations, no director, CEO, or executive of the company is permitted to engage in any form of share trading, either directly or indirectly.

According to information available from the Pakistan Stock Exchange (PSX), this closed period is a regulatory requirement intended to ensure transparency and prevent insider trading prior to significant corporate decisions. Stakeholders and TRE Certificate Holders of the Exchange have been duly informed of this development.

Khalid Siraj Textile Mills Limited operates within the textile sector, a designated market category overseen by the PSX. The company remains committed to adhering to the regulatory frameworks governing corporate governance and share trading practices.