Islamabad: A crucial Board of Directors meeting of Kohat Textile Mills Limited is scheduled for September 30, 2024, in Islamabad to review and potentially approve the Annual Audited Accounts for the fiscal year ending June 30, 2024. The agenda primarily focuses on the declaration of any entitlements that may arise from the reviewed financials.

The company has also officially announced a "Closed Period" starting from September 23, 2024, to September 30, 2024, during which all directors, the CEO, and executives are prohibited from dealing in the company’s shares. This measure complies with Clause 5.6.1 (d) of the Pakistan Stock Exchange (PSX) Regulations, ensuring that no insider trading occurs during this sensitive financial review period. According to information available from the Pakistan Stock Exchange (PSX), these procedural protocols are designed to maintain fairness and transparency in the handling of share-related transactions amidst significant corporate disclosures.

Shareholders and certificate holders of the exchange have been advised of these developments to ensure compliance with regulatory standards and to maintain market integrity. The outcomes of this board meeting are anticipated to influence the company's financial strategies and shareholder dividends significantly.