Islamabad: Kohat Textile Mills Limited has announced a forthcoming board meeting set for October 29, 2024, to review its first quarterly accounts for the period ending September 30, 2024, and discuss potential entitlement declarations.

The meeting will convene in Islamabad, where directors will examine the company's financial performance over the initial quarter of the fiscal year. According to information available from the Pakistan Stock Exchange (PSX), the focus of the meeting will be on the financial outcomes from July to September 2024, as well as on making crucial decisions regarding shareholder entitlements.

In compliance with Clause 5.6.4 of the PSX Regulations, Kohat Textile Mills has also declared a "Closed Period" from October 22, 2024, to October 29, 2024. During this period, directors, the CEO, and executives are prohibited from buying or selling company shares, either directly or indirectly. This restriction is a standard practice intended to prevent insider trading during pivotal financial reviews and decision-making processes.

Stakeholders, including TRE Certificate Holders, have been duly informed of the closed period, ensuring that all regulatory requirements are met in advance of the critical financial deliberations.